In the sandbox of money laundering – when will it be opened?
Many who are obliged persons pursuant to the German anti-money laundering law (GwG) are hoping that it will…
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…
eIDAS and AMLD5: A perfect match?
In the fight against money laundering and terrorist financing, accurate identification and verification of customer data are an…
The EBA’s consultation paper on money laundering and terrorism financing risk factors – changes for e-money issuers?
The European Banking Authority (“EBA”) published a new consultation paper in February 2020 on revised guidelines on money…
PayTechTalk 9 – The lingering death of electronic money
What exactly is electronic money? What can one use it for? Do purchasers of electronic money have to…