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payment
Information technology

On Monday 26 March 2018, a new transposition law was published in the Belgian Official Gazette: the Law of 11 March 2018 on the statute and supervision of payment institutions and electronic money institutions, access to the business of payment service provider and to the activity of issuing electronic money, and access to payment systems.

The Paypers Market Guide | time.lex
Privacy & data protection

On October 3rd 2017, the EU’s Article 29 Working Party (WP29) adopted its draft of ‘Guidelines on Personal data breach notification under Regulation 2016/679 [General Data Protection Regulation]’. Even though the document is still open for comments by stakeholders until November 28th, this article takes a preliminary look at the guidelines’ main takeaways and recalls upon data breach obligations arising from other instruments that payment -, communication- and internet service providers might also have to comply with.

EEMA presents award to Jos Dumortier | time.lex
News & announcements

EEMA, the leading independent not for profit, European think tank focussing on identification, authentication, privacy, risk management, cyber security, the Internet of Things and mobile applications, has presented Jos Dumortier with its Lifetime Achievement Award.

The Paypers Market Guide | time.lex
Privacy & data protection

Ecommerce merchants, PSPs, fintech companies and financial institutions use big data technologies to improve customer intelligence, reduce risk, and meet regulatory objectives. For all companies doing business in Europe, including those based in the US or elsewhere outside the EU, it is crucial to align business operations with the General Data Protection Regulation (GDPR) that will come into force on 25 May 2018.

European Parliament | time.lex
News & announcements

In 2017, time.lex and CEPS (Centre for European Policy Studies) performed an interesting study for the European Parliament (EP) Research Service regarding the possible introduction of a mandatory guarantee for the lifespan of certain products in the EU consumer legislation framework.

European Court Of Justice | time.lex
Intellectual property

On June 14th, 2017 the European Court of Justice (CJEU) confirmed that Internet Access Providers (IAPs) can be obliged to block the domain names and IP addresses of the online sharing platform The Pirate Bay (TPB).

FinTech Lawyers Network | time.lex
News & announcements

On Wednesday, June 28 at Money20/20 Europe, the four founding members Edwin Jacobs from time.lex, Benjamin May from Aramis, Frank Müller from Aderhold and Arno Voerman from Van Doorne officially launched their pan-European network of lawyers: the FinTech Lawyers Network (FLN).

EBA recommendations on cloud computing | time.lex
E-commerce

The European Banking Authority (EBA) has drafted recommendations aiming to provide guidelines for institutions on cloud computing. They are addressed to, in specific, credit institutions, investment firms and public authorities.

Legal 500 and Chambers and Partners rankings | time.lex
News & announcements

A law firm can’t exist without satisfied clients. That’s why we’re proud of the fact that our clients rewarded us with prestigious scores in the Legal 500 and Chambers and Partners law firm rankings.

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