Whatever financial transactions an individual or a company wishes to carry out, the involvement of a credit institution, a payment service provider or an electronic money institution will be necessary, if not mandatory. The dematerialisation of relations between the various players is a factor in speeding up and simplifying exchanges.
This intervention is taking place in a very tightly regulated legal context. The challenge is to reconcile two often incompatible imperatives: simplicity and fluidity on the one hand, and security on the other. The security and control of transactions, particularly in relation to KYC obligations, the fight against money laundering and terrorist financing, the protection of personal data, the identification and management of operational and security risks, the traceability of flows, the guarantee of professional secrecy, the European regulation of the sector and national specificities are all constraints that the dematerialisation of relations must take into account.
The law firm covers all the legal aspects relevant to the online banking sector. As such, it offers its expertise both in terms of advice and litigation, in particular with regard to:
- Remote banking and remote marketing policies
- Outsourcing of services in the context of the implementation of the rules on the provision of outsourced essential services
- Management of intellectual property rights and competition issues specifically related to the creation, marketing and use of market data by banks or specialised agencies
- Implementation of projects for the dematerialisation of contracts and their signature
- Implementation of banking and payment services
- Implementation of artificial intelligence systems applied to the banking sector
- Protection of personal data, through the application of the provisions of the GDPR and the Data Protection Act.