PPSD2

PayTechTalk 30: BaFin licence for payment institutions – this is how it works

PayTechTalk 30 | BaFin-Erlaubnis für Zahlungsdienstleister
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Since the implementation of PSD2, or most likely even before, many companies have been preoccupied with one question: How, as a payment institution, do I get a BaFin licence?

In this episode of PayTechTalk, we deal with all the important questions concerning permission applications. This is how the approval for a BaFin licence for payment institutions works!

BaFin licence for payment institutions? That’s what we’re talking about:

  • Why do I need a BaFin license as a payment institution – and why not?
  • What types of permits are there?
  • How does the licensing procedure work?
  • How long does the licensing procedure take?
  • What does the permit cost?

Peter and I answer all these questions in PayTechTalk 30. Enjoy more than half an hour of concentrated know-how!

 

Further Links

Wenn die Ausnahme zur Regel wird – Aktuelle Zahlen zu limited network und limited range (German)

On a Secret Mission: Payment Agents and E-money Agents in German Regulatory Law

Infografik: Diese Gesetze müssen Zahlungs- und E-Geld-Institute kennen. Update. (German)

Infografik: Wichtige Aufsichtsdokumente für Zahlungs- und E-Geld-Institute (German)

KYC beim Vertrieb von E-Geld: Muss ich oder muss ich nicht? § 25i Abs. 2 KWG (German)

§ 10 ZAG (German)

 

The original podcast is in German

 

Cover picture: Copyright © PayTechLaw

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Christian is a lawyer and partner at Annerton law firm (Munich office). He has over 15 years of professional experience advising German and international clients on banking, regulatory and payment law, including anti-money-laundering law.



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