Revision of MaComp – BT 5 and BT 7.1 to adopt the ESMA guidelines
The regulatory requirements relating to compliance are governed in particular by BaFin’s MaComp (minimum requirements for the compliance…
BaFin Update: New Requirements in Circular 08/2023 for ZAG Institutions
ZAG institutions take note! BaFin has updated its Circular 08/2023 on the monitoring and governance of banking products…
Proposed changes to the Investment Ordinance
On June 27, 2024, the draft bill for the 2nd Company Pension Strengthening Act (2. Betriebsrentenstärkungsgesetz) was published.…
AuA 2.0: BaFin consultation on the application and interpretation of the Money Laundering Act
BaFin has published an updated version of its application and interpretation notes on the Money Laundering Act for…
Interest rate and credit spread risks in the banking book
BaFin publishes 8th MaRisk amendment With Circular 06/2024 (BA), BaFin published the 8th amendment to the Minimum Requirements…
All about DORA – impact and recommendations for financial companies
What is DORA? With DORA, Regulation (EU) 2022/2554 on digital operational resilience in the financial sector (Digital Operational…
Regulation of Crypto Currencies in Europe – An overview
Our infographic provides a comprehensive overview of the key milestones in cryptocurrency regulation in the European Union and…
Revision of MaComp BT 8
BaFin implements ESMA guidelines on MiFID II compensation requirements With a revision of the Special Part 8 of…
Online again: BaFin register of notified LNE exemptions
Here at PayTechLaw, we have always dealt with the PSD2-exceptions for limited networks and limited product ranges. Those…
Minimum requirements for risk management at ZAG institutions (2)
Update: The ZAG-MaRisk was published on May 27, 2024 after an extended consultation. According to the BaFin’s letter…
Minimum requirements for risk management at ZAG institutions (1)
Update: The ZAG-MaRisk was published on May 27, 2024 after an extended consultation. According to the BaFin’s letter…
DeFi vs. CeFi #6 – BaFin’s publication on NFTs & BaFin vs. Uniswap
In our latest episode of PayTechTalk and our 6th “DeFi vs CeFi” series, we talk the latest activities…
ESMA Consultation Paper: Guidelines on funds’ names using ESG or sustainability-related terms
On 18 November 2022, the European Securities and Markets Authority (ESMA) issued for consultation draft guidelines on funds’…
New Regulation on the Supervision of Shareholdings and its impact on practice
On December 27, 2022, the so-called Third Regulation Amending the Regulation on the Supervision of Shareholdings (Regulation on…