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…
BaFin’s latest adjustments to the MiFID conduct of business obligations
According to the newly amended FAQ of the German Federal Financial Supervisory Authority (BaFin) on the MiFID II…
Limited Network and Limited Range | FinTech online course #7
16In the context of payment services and e-money, many speak of Limited Networks and Limited Range. This refers…
PayTechTalk 58 – Deposit business | FinTech online course #12
Payment institutions and e-money institutions collect funds from their customers and hold these funds – sometimes for longer…
Requirements for maintaining a BaFin Licence | FinTech online course #18
In our yesterday’s blog post, we dealt with the question how to obtain a BaFin licence for payment…
Draft bill on the Financial Market Integrity Strengthening Act (FISG) – Increased controls, more sovereign powers and threats of punishment as a deterrent
On October 26, 2020, the German Federal Ministry of Finance (Bundesministerium der Finanzen – BMF) and the German…
BaFin inspecting general terms and conditions: What do payment and other financial services providers need to be aware of?
When drafting general terms and conditions (“T&C”), the “opponents” are generally your contractual partners as well as consumer…
Comment on the draft general ruling of BaFin regarding Sec. 24c KWG and virtual IBAN
BaFin has published a general ruling on 7 September 2020, pursuant to which credit institutions are obliged to…