Beiträge

AML and PSD2 – The End of E-Money? | PayTechLaw explains

AML and PSD2 – The End of E-Money?

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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.
Proposal for a fifth AML Directive – Impacts on the E-money Business

Proposal for a fifth AML Directive – Impacts on the E-money Business

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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.