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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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Shriram Capital is the Official Partner for Tamil Nadu Premier League (TNPL) 2021

Jul 14, 2021 The Shriram Group had earlier been associated with the Tamil Nadu Cricket Association (TNCA) when they sponsored the state cricket teams for a five-year term beginning 2013.   Commenting on this association, Mr. D V Ravi, MD & CEO, Shriram Capital, said, “The Shriram Group is delighted to be associated with TNPL this season. This year will be a special one since the tournament is taking place in the midst of a pandemic. Though we will miss the in stadia fans, I am sure cricket lovers all over India will be hooked on to their TV sets to catch the excitement. We are thrilled to be contributing towards this excitement. TNPL’s objective of reaching out to talent from the interior parts of Tamil Nadu is a perfect fit with our philosophy of serving the under-served and addressing the common man. Just like TNCA which has a glorious past in India’s cricket history, we also have a strong foundation having been in this business for the last five decades. It is the coming

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