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Financial Institutions European Union Court of Justice of the European Union (CJEU)

Hogan Lovells

Payments: European Court of Justice (ECJ) rules on PSP liability for unauthorised transactions and late PSU notification

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The ECJ has confirmed that a payment service user (PSU) is deprived of the right to reimbursement for an unauthorised transaction under PSD1 if: they fail to notify without undue delay upon becoming aware of it; or...more

Hogan Lovells

Global Payments Newsletter, November 2020

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Key developments of interest over the last month include: Europe: The CJEU has found that (i) PSD2 does not restrict the type of terms that can be changed by tacit consent, but where the payment service user is a consumer the...more

Hogan Lovells

Payments regulatory news, November 2020 # 2

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Payment Services and Electronic Money (Amendment) Regulations 2020 published - The Payment Services and Electronic Money (Amendment) Regulations 2020 (SI 2020/1275) have been published, together with an explanatory...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - October 2020

In this month's edition of our Privacy & Cybersecurity Update, we examine the U.S. Treasury's advisories regarding the role of financial intermediaries in ransomware payments, a ruling by the Israeli data protection authority...more

McDermott Will & Schulte

Brexit Update - March 2019

SPECIAL REPORT - BREXIT: CHALLENGES AND OPPORTUNITIES - In this report, we explain some of the key legal implications associated with the United Kingdom leaving the European Union (EU) without a deal for future...more

Jones Day

ESMA Fines Five Banks for Negligently Issuing Credit Ratings

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The Situation: The European Securities and Markets Authority ("ESMA") has fined several banks for negligently issuing credit ratings on a professional basis without obtaining the necessary authorization to be a credit rating...more

K&L Gates LLP

Brussels Regulatory Brief: April 2018

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Antitrust and Competition - Substantial Assets Divestiture Needed to Secure Clearance for the Creation of a Company That Will Control More Than a Quarter of the World’s Seed and Pesticides Market - On 21 March 2018, the...more

Pillsbury Winthrop Shaw Pittman LLP

Brexit Negotiations: As the First Phase Draws to a Close, the Next Phase Awaits

The UK and the EU have published a joint report at the conclusion of the first phase of the UK’s Article 50 withdrawal negotiations. Agreement has been reached in principle on three key issues: the rights of EU citizens in...more

Hogan Lovells

Hogan Lovells Global Payments Newsletter - February 2017

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Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as...more

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