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UK and EU Trade and Co-operation Agreement - Key points to consider for financial services and payments

United Kingdom, European Union - January 7 2021 The UK and the EU signed a Trade and Co-operation Agreement (TCA) on 23 December 2020 which came into force on 1 January 2021 on basis which is...

Michael Jünemann, Michelle Chan, Shane Barber, Cathie-Rosalie Joly, Scott McInnes, Kim Kit Ow, Hans Svensson, Sławomir Szepietowski, Ivan Sagál, Annette Printz Nielsen, Kristiina Lehvilä, Gavin Punia, Konrád Siegler, Gregory Man, Trystan Tether.

French Council of State confirms the retention of payment card data is subject to the prior consent of the cardholder

France - December 25 2020 In line with the guidance from the French Data Protection Authority, the CNIL (“Commission Nationale Informatique et Liberté”), the French Council of...

Michael Jünemann, Stefano Febbi, Michelle Chan, Shane Barber, Cathie-Rosalie Joly, Scott McInnes, Kim Kit Ow, Hans Svensson, Sławomir Szepietowski, Ivan Sagál, Annette Printz Nielsen, Konrád Siegler, Gregory Man, Appoline Moisson, Trystan Tether.

UK Government consultation on a new insolvency regime for UK-authorised payment institutions and electronic money institutions

United Kingdom - December 14 2020 On 3 December 2020, the UK Government (HM Treasury) issued a consultation paper (the Consultation) setting out a proposal to implement a new “special...

Michael Jünemann, Stefano Febbi, Michelle Chan, Shane Barber, Cathie-Rosalie Joly, Scott McInnes, Kim Kit Ow, Hans Svensson, Ivan Sagál, Annette Printz Nielsen, Kristiina Lehvilä, Gavin Punia, Konrád Siegler, Jordan Cooper, Anna Mikhalkovich, Trystan Tether.

HM Treasury publishes consultation on a new insolvency regime for UK authorised payment institutions (PI) and electronic money institutions (EMI)

United Kingdom - December 10 2020 On 3 December 2020, HM Treasury published the Government's proposal to implement a new special administration regime for PIS and EMIs (PI and EMI...

Michael Jünemann, Stefano Febbi, Michelle Chan, Shane Barber, Cathie-Rosalie Joly, Scott McInnes, Kim Kit Ow, Hans Svensson, Ivan Sagál, Annette Printz Nielsen, Kristiina Lehvilä, Gavin Punia, Konrád Siegler, Jordan Cooper, Anna Mikhalkovich, Trystan Tether.

Dutch competition authority launches investigation into NFC antenna

Netherlands, European Union - December 7 2020 Following an investigation into the role of major technology firms (Big Techs) in the Dutch payment market (see our alert here), the ACM has...

Michael Jünemann, Stefano Febbi, Michelle Chan, Shane Barber, Cathie-Rosalie Joly, Scott McInnes, Kim Kit Ow, Hans Svensson, Sławomir Szepietowski, Ivan Sagál, Annette Printz Nielsen, Kristiina Lehvilä, Konrád Siegler, Joost van Roosmalen, Trystan Tether, Pauline Kuipers.