24 Apr, 2024 From PSD2 to PSD3 and PSR – European Parliament sets out its vision on the future of payments By Natalie Pettinger Kearney Eva Schneider Daniel Klingenbrunn Jimena Gonzalez Alicia Hildner +2 more... Show less The payments landscape has undergone significant changes over the past decade, changes driven by fast-paced technological advancements...
12 Apr, 2024 The UK FCA’S Business Plan 2024/25: Five Takeaways for Financial Institutions By Piers Reynolds Jack Helyar At a Glance The UK’s Financial Conduct Authority (the FCA) has recently published its Business Plan for 2024/25, setting out its...
06 Mar, 2024 'De-banking’ claim against Revolut struck out as an abuse of process By Harry White Anthea Bowater In the recent case of Uzbekov v Revolut, the English High Court struck out a breach of contract claim brought by Mr Uzbekov following...
14 Dec, 2023 AMLA update – partial deal reached on the new European AML authority By Alicia Hildner Marcel Michaelis Jan Struckmann Victor Garcia Lopez +1 more... Show less It’s already more than two years ago that the EU Commission has announced that there will be a new sheriff in town: On 20 July 2021, the...
29 Nov, 2023 Fund transfers, crypto-assets and AML/CTF – the European Banking Authority’s take on the ‘Travel Rule’ By Daniel Klingenbrunn Jan Struckmann Fund transfers, crypto-assets and AML/CTF – the European Banking Authority’s take on the ‘Travel Rule’ The fight against money laundering...
07 Nov, 2023 Economic crime and corporate transparency: Significant company law changes and new offences By Annie Whiteside The Economic Crime and Corporate Transparency Act 2023 which received Royal Assent on 26 October is aimed at preventing the abuse of UK...
15 Sep, 2023 The cost of a £250 withdrawal: latest UK sanctions developments By Jonathan Kelly Simon Orton Rebecca Freedman The UK Office of Financial Sanctions Implementation (OFSI) recently issued its first “disclosure notice” and, on the same day, updated...
21 Jun, 2023 A further expansion of the UK corporate crime enforcement toolkit By Ben Morgan Emily Knight Zaid Fathoala In a nutshell Recent amendments to the UK's Economic Crime and Corporate Transparency Bill (the Bill), announced on 15 June, could...
30 May, 2023 Works council remuneration remains in spotlight in Germany By Flavia Lang Torsten Lauth In January of this year, the German Federal Court of Justice (Bundesgerichtshof – BGH) ruled in on the unduly high remuneration granted...
05 May, 2023 The EU keeps the ball rolling in its battle against money laundering – next on the agenda: professional football By Jan Struckmann Marcel Michaelis Professional football is not just an entertaining happening for millions of fans around the world; it is also a big money game. During...
06 Apr, 2023 A Speedboat for AML enforcement By Norbert Nolte Daniel Travers Marcel Michaelis In August 2022, Germany’s finance minister, Christian Lindner, announced a new federal agency, the Higher Federal Authority for Combating...
11 Oct, 2022 AML update: Germany needs to pick up speed By Alicia Hildner Daniel Travers Moritz Pellmann It is said to have been one of the hottest summers in Germany since weather records were kept - the heated atmosphere in the money...