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Banking

24 January 2020
Stephan Schmalzl No worms for early birds? Lexitor and Austrian implementation of EU Consumer Credit Directive

Austria - Schima Mayer Starlinger

Considering the obvious conflict with European Court of Justice case law, the Austrian legislature's aim to fully implement the EU Consumer Credit Directive and the Austrian Consumer Credit Act's intended (but directive-breaching) effects consumers, legal advisers and the courts are now confronted with the delicate question of how consumer requests for repayment should be dealt with.

Author: Stephan Schmalzl
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Freddy Karyadi Lending market review 2019

Indonesia - Ali Budiardjo, Nugroho, Reksodiputro

Fintech-based lending in Indonesia grew rapidly in 2019. Various crowdfunding models (in particular, peer-to-peer lending) emerged and gave the regulatory authorities a new focus for their attention. In this regard, the Financial Services Authority issued a number of new regulations concerning equity funding, digital financial innovation in the financial services sector, standing facilities, money markets and open operations.

Authors: Freddy Karyadi, Nina Cornelia Santoso
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Recent updates

Katrina Edge Enforcement of Security Interests (Jersey) Law 2012

Jersey - Ogier

Authors: Katrina Edge, Simon Felton, Bruce MacNeil
Irmak Yensel Communique on compliance with principles and standards of interest-free banking

Turkey - Selvi & Ertekin

Author: Irmak Yensel
Alexander Vogel Rules of conduct under FinSA

Switzerland - Meyerlustenberger Lachenal

Authors: Alexander Vogel, Reto Luthiger, Fabienne Walter
Thomas Boone Challenge of drafting first-demand guarantees

France - Odi-se Avocats

Author: Thomas Boone

Upcoming event

Data Business Congress 2020

February 3-4, 2020 – San Jose, California

By focusing on the data creation, management and value creation lifecycle, the inaugural Data Business Congress will deliver cutting edge intelligence and analysis of the key data issues confronting companies as 5G begins to roll-out and the Internet of Things continues to build. The Data Business Congress will bring together specialists in all areas including Creation, Capture, Protection, Management, Compliance, Exploitation and Monetisation and will provide best-in-class insight to those seeking to understand the multiple legal and business issues that go into building a world class data management and exploitation strategy.


For more details please visit:
https://web.cvent.com/event/10240ffb-fa61-43b2-9038-73c9838049ae/summary

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