Regulation
Agentic Payments
When Agents pay... A few thoughts on this interesting topic in my presentation for the EPSM regulatory working group meeting on January 14, 2026
Distributed Ledger Technology in the “Sandbox”- Today (22. June 2022) the EU-DLT pilot regime enters into force.
When creating the legal framework for regulations in the financial sector, the European legislator had primarily traditional financial services in mind. As a result, novel technologies and products, in particular distributed ledger technologies ("DLT") and crypto-assets, are not satisfactorily regulated. On the one hand, this may have the effect...
EU Commission – Consultation on PSD2: What reforms are necessary? Should Crypto Transactions be regulated in a PSD3?
On May 10, 2022, the EU Commission launched a consultation on the revision of PSD2. “The public consultation seeks views on both the PSD2 review and the open finance framework. It is available in all EU languages and will run for 12 weeks. You can have your say here. In addition, the Commission has also launched two targeted consultations on the...
EBA publishes Q&A on Merchant Initiated Card Transactions – The end of PSD2 nightmares of PayPal, Amazon, Xing, car rental agencies and hotels?
On 1st of March, the European Banking Authority (EBA) published an answer to a question which had been submitted by the card schemes. What impact will this have on the various use cases or the liability of the card issuer and how does BaFin view this?
ICOs and Crypto-Assets – EBA Report and ESMA Advice
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published their reports on ICOs and Crypto-Assets on 9 January 2018 (EBA Report and ESMA Advice). Both EU authorities highlight issues relating to the current EU regulatory framework and call for an EU-wide approach to ICO and Crypto-Asset regulation.
