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ARTICLE · 02 FEBRUARY 2015

Legal Services To Payment Service Providers

Giambrone
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Prior to Directive 2007/64/EC of The European Parliament and of the Council of 13 November 2007, the framework of the payment services markets of the Member States was fragmented into 27 national legal systems.

ItalyFinance and Banking
Massimiliano Fabrini
Massimiliano Fabrini
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Payment Institutions and E-Money Providers

Prior to Directive 2007/64/EC of The European Parliament and of the Council of 13 November 2007, the framework of the payment services markets of the Member States was fragmented into 27 national legal systems.

Since the adoption of the Directive, payment services can now be provided in the EEA by new entities and are no longer exclusively covered by the monopoly of credit institutions.

As an international law firm with three offices in Italy (Milan, Rome and Palermo,) Giambrone is exceptionally well placed to offer specialist assistance to PSPs from any one of the 27 EU counties wishing to establish and operate in Italy.

We are very familiar with payment/fund transfer processes, privacy issues, data protection, consumer protection matters, anti-fraud issues, anti-money laundering controls and corporations laws.

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