5/6/2026 9:41:27 AM EU DGSD reform brings more “bank‑style” protection for client funds – what it means for firms and their bank partners By Marius Raetz Dr Clemens Boehm Client funds have always sat in a slightly awkward place in EU financial regulation. Sectoral rules for payment institutions (PSD 2),...
6/20/2025 1:34:10 PM MiCAR and payment services: No dual authorisation for stablecoins required (for now...) By Marius Raetz James Morris Dr Clemens Boehm Transactions involving electronic money tokens ('EMTs') are subject to both payment services and crypto-asset regulation, which gives...
2/17/2025 3:12:44 PM New German rules on safeguarding accounts - what PSPs need to know By Marius Raetz Dr Clemens Boehm As part of its omnibus act on urgent legislation in the financial sector, the German legislator has changed the safeguarding rules for...