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Self-employed in France get new law to protect home if business fails

Personal assets like property, furniture, cars and bank accounts will automatically be protected from debt collectors

Recap: Brexit loophole lets French banks charge more for UK transfers

Although the UK remains in the Sepa zone, The Connexion has confirmation that technically French banks can charge an ‘international’ fee to receive UK money

French bank imposes withdrawal fees for UK cards post-Brexit

Brexit loophole confirmed as cause of new UK-France Sepa bank fees

Brexit loophole confirmed as cause of new UK-France Sepa bank fees
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Global Payments Newsletter, July 2021 | Hogan Lovells

Europe: EBA consults on proposed guidelines on limited network exclusion under PSD2 On 15 July 2021, the EBA published a consultation paper (EBA/CP/2021/28) proposing guidelines on the limited network exclusion (LNE) under PSD2. The EBA explains that Article 3(k) of PSD2 introduced an exclusion for services based on specific payment instruments that can be used only in a limited way. It believes that the implementation and application of the LNE requirements diverges significantly between member states, which impedes the single market for payment services in the EU and creates opportunities for regulatory arbitrage. The EBA also believes that consumers are sometimes unaware that they do not benefit from the protection envisaged under PSD2.

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