Digital Operational Resilience Act: New RTS and ITS launched
On 16 January 2023, the Digital Operational Resilience Act (Regulation (EU) 2022/2554, "DORA") entered into force. This EU legislation...
European Financial Institutions
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PSD3 and PSR: More on changes ahead in the payment services market
Introduction
The European Commission introduced a proposed financial data access and payments package on 28 June 2023. The package...
PSD2: EBA publishes its final guidelines on the limited network exclusion
The second Payment Services Directive ((EU) 2015/2366) (“PSD2”) introduced an exclusion from its scope for services based on specific...
The Netherlands to introduce segregated payment accounts for safeguarding customer funds
On 6 November 2020, the Dutch Minister of Finance published for consultation a new act providing for Dutch payment institutions, e-money...
A new EU crowdfunding Regulation
According to the EU Commission, crowdfunding improves access to funding especially for start-ups and other small businesses. The concept...
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