https://paytechlaw.com/wp-content/uploads/traffic-lights-6010_1280.jpg 1280 960 Frank Müller https://paytechlaw.com/wp-content/uploads/logo-1.png Frank Müller2016-11-22 22:34:232018-05-02 17:58:07AML and PSD2 – The End of E-Money?
Full KYC and e-money business are not best friends. However, the obligation to apply SCA to e-money transactions under PSD2 could be a deathblow.
https://paytechlaw.com/wp-content/uploads/geld.jpg 400 698 Frank Müller https://paytechlaw.com/wp-content/uploads/logo-1.png Frank Müller2016-07-06 14:52:272018-05-02 14:30:29Proposal for a fifth AML Directive – Impacts on the E-money Business
If the “killer” provision of Article 12 of 5AMLD will come into force, it will massively impact the European e-money business. No thresholds and full KYC.