New supervisory regime for investment firms through the WpIG
According to the government draft, investment firms will be subject to a completely new supervisory regime – the…
Crypto custody business | FinTech online course #16
The crypto custody business is a novelty and a German singularity. In the course of the implementation of…
Outsourcing | FinTech online course #19
The term outsourcing appears in several laws, e.g. in section 26 ZAG, section 25b KWG and section 17…
BaFin Guidance Notice on planned reforms regarding managing directors pursuant to the KWG, ZAG and KAGB (part 1)
BaFin is currently working on updating its “guidance notice on managing directors pursuant to the KWG, ZAG and…
PayTechTalk 46 – Crypto custody business: Amendments to the KWG in connection with the implementation of the fifth Anti-Money Laundering Directive
At first glance, the “Act implementing the Amending Directive of the fourth EU Anti-Money Laundering Directive” does not…
Factoring – What factoring licence should I apply for?
It is clear that anyone wishing to carry out factoring in Germany first needs a factoring licence. However,…
Draft law to implement the 5th Anti-Money Laundering Directive – what is coming and what will remain the same?
On 20 May 2019, the German Federal Ministry of Finance (BMF) presented its draft for the implementation of…
„Bitcoin decision“: trading Bitcoin is not a crime – the end of crypto regulation?
In its “Bitcoin decision” of 25 September 2018, the Berlin Court of Appeal (case no.: (4) 161 Ss…