153 results found

Schoenherr advised Erste Group Bank AG in its capacity as dealer manager and exchange agent in the course of Breiteneder Immobilien Parking Konzernfinanzierungs GmbH's invitation to existing holders to exchange their notes issued in 2018 for the recently issued Breiteneder Immobilien Parking 4.875 % Notes 2024-2030.

The revised Payment Services Directive (PSD2), applicable since 13 January 2018, has paved the way for Open Banking. Open Banking describes a shift from a closed model of banking to one in which

The industry-related generic Top-Level Domain ("gTLD") <.bank> provides new opportunities and new challenges for online activities in the financial services sector

Under Article 30 (5) (c) of Directive (EU) 2015/849 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing...

If you were to ask how funds are transferred in blockchains, the reply would be through wallets. But how do these wallets work and what does the term technically mean?

PSD2 entered into force on 12 January 2016 and will replace the current Payment Services Directive (in force since 2007) as of 13 January 2018.

While there is now a light at the end of the pandemic tunnel in CEE and SEE, the second quarter of 2021 again brought many changes and challenges in the region's finance sector.

As of 1 August 2016 public prosecutors may access information contained in the account registry without prior court approval.

Das neue Jahr bringt unter anderem für Banken und Wertpapierfirmen ganz neue Pflichten im Nachhaltigkeitsrecht.

On 28 October 2016, the European Commission decided to establish a High Level Expert Group on sustainable finance, one of the European Commission's primary objectives within the EU Capital Markets Union.

EU Regulation No 655/2014 of the European Parliament and of the Council to facilitate cross-border debt recovery in civil and commercial matters, in force since 18 January 2017.

The Austrian Financial Market Authority (Finanzmarktaufsicht – FMA) has updated its FinTech-Navigator to include specific information on how initial coin offerings (ICOs) are to be treated under Austrian law.

A convertible loan is a popular investment means to finance a start-up. Austrian law, however, does not foresee convertible loans for the most popular corporate form of Austrian start-ups...

Die gesetzliche Frist für die erstmalige Meldung zum Wirtschaftliche Eigentümer Register ist am 1.6.2018 abgelaufen.

Austria's National Council has recently adopted a draft bill proposed by the Government introducing a new statute regarding bank recovery / resolution.

Until 2018, Austria had up to five different cancellation rights for insurance policyholders, plus the cancellation right pursuant to Section 8 of the Austrian Distance Financial Services Act.

It's been a tough few weeks for crypto. While investors should not be easily rattled, the recent events surrounding the FTX crypto exchange have caught many offguard.

June 2026 – A credit institution operating lawfully within the EU may not refuse to open a basic payment account for an individual solely...