Since the introduction of the Payment Services Directive 2 (PSD2) in 2015, the payments industry has seen rapid progress, accompanied by the emergence of innovative payment solutions and increasingly sophisticated fraud techniques. In response to these developments, the European Commission has proposed targeted changes and updates to the...
At the end of May, the European Commission published a that is expected to bring significant changes to the Alternative Investment Fund Managers Directive (AIFMD) regarding the costs that can be charged to fund assets or borne by investors. The proposed changes are part of the European Commission’s Retail...