In a ruling dated 27 March 2024 (no. 22-21.200), the French Supreme Court (‘Cour de Cassation’) - citing European case law - held that a payment service provider can only be held liable for an unauthorised or incorrectly...more
6/26/2024
/ Corporate Liability ,
Court of Justice of the European Union (CJEU) ,
Financial Services Industry ,
Financial Transactions ,
France ,
Liability ,
Member State ,
Payment Services Directive ,
Payment Systems ,
PSD ,
Supreme Court of France
In recent years, there has been a noticeable increase in green products and the promotion of sustainable objectives across the financial services industry. For example, we have seen much discussion of green loans, green...more
2/13/2024
/ Banks ,
Climate Change ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
France ,
Germany ,
Greenwashing ,
Investment Funds ,
SFDR ,
Sustainable Business Practices ,
Sustainable Finance ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
UK
In an important judgment handed down on 29 June 2023 (Case C-211/22), the Court of Justice of the European Union (the "CJEU") ruled that a vertical agreement to fix minimum prices does not necessarily constitute a restriction...more
10/25/2023
/ Advertising ,
Anti-Competitive ,
CNIL ,
Competition ,
Compliance ,
Criminal Liability ,
Data Controller ,
EU ,
Financial Services Industry ,
France ,
French Competition Authority ,
General Data Protection Regulation (GDPR) ,
International Labor Laws ,
Targeted Digital Advertising ,
Treaty on the Functioning of the European Union (TFEU) ,
White Collar Crimes