Renate Prinz focusses her practice on corporate law, national and international mergers, and acquisitions (M&A) and corporate reorganizations. She also advises at the interface with financial regulatory aspects, especially in connection with corporate transactions and/or licensing issues. Renate is experienced in advising national and foreign investment companies, credit, and financial services institutions on all aspects of German and European financial supervisory law. She furthermore has extensive experience in acting for clients in the industrial, retail, and public sectors. Furthermore, Renate publishes in corporate and financial supervisory law on a regular basis.
Von Renate Prinz and Annabelle Rau am Nov 8, 2023
Gepostet In Uncategorized
The Payment Services Directive II (PSD2) has changed the payment services industry in Europe. However, many details remain open and impractical and the implementation of the directive and the administrative practices of local financial supervisory authorities differ greatly in some cases. A reform is now pending with PSD3, which aims for a higher degree of harmonization and will bring with it many new requirements for payment service providers.What are the most important changes and challenges facing the industry? How can payment service providers prepare? Read the article by Renate Prinz and Annabelle Rau to find out how the planned PSD...
Von Renate Prinz am Jul 29, 2023
Gepostet In ESG
We are very pleased to announce that our firm has been nominated in the categories Innovation in Digital Solutions and Innovative Lawyers in Impact and ESG in the Financial Times Innovative Lawyers Awards Europe. The German legal tech team, led by Dr Thomas Hauss, was nominated for the Check of Regulatory Authorizations (CORA) tool in the Innovation in Digital Solutions category. The tool supports users in navigating the highly complex landscape of German and European financial supervisory law. Learn more about CORA here. Click here for the shortlist. Our CORA team: Dr. Thomas Hauss, Renate Prinz, Annabelle Rau, Dr Philip...
European Supervisory Authorities (ESAs) put forward common understanding of greenwashing and warn on risks
Von Renate Prinz am Jul 4, 2023
Gepostet In ESG, Sustainability, Sustainability Risks
The European Supervisory Authorities published their Progress Reports on Greenwashing on June 1st. The reports includes a common high-level understanding of Greenwashing and thus helps to provide market participants and regulators with a shared reference point in dealing with this phenomenon. In the report, ESMA assesses which areas of the sustainable investment value chain (SIVC) are more exposed to the risk of greenwashing. This assessment is meant to help market participants in preventing and mitigating greenwashing, and to support ESMA and NCAs in prioritising supervisory actions and regulatory intervention. The findings show that misleading claims may relate to all key...
Von Renate Prinz am May 15, 2023
Gepostet In Banking Law, Crypto Regulation, MiCAR
The financial industry is once again facing uncertainty and turbulence, caused in particular by the demise of some banks and problems in the crypto scene. In view of the current regulatory density, the question arises whether this is sufficient to ensure the stability of the financial industry and whether it can actually help to create market security and trust. Renate Prinz classifies the current developments in the Börsen-Zeitung. Click here to read the full article in German.
Von Renate Prinz am Dec 19, 2022
Gepostet In Banking Law, Financial Services, Funds
As the year draws to a close, it is worth taking a look at new regulations at the start of the year: As of January 1, the new Regulatory Technical Standards (RTS) on the EU Disclosure Regulation will apply to financial market participants and financial advisors. With the Disclosure Regulation, which already came into force in March 2021, respective companies must prove how sustainable their products are, the extent to which ESG criteria, i.e. ecological and social standards and good corporate governance, are observed and pursued and which strategies are applied here. The Disclosure and Taxonomy Regulation applies to financial...
Von Renate Prinz am Nov 11, 2022
Gepostet In Crypto Regulation
Currently, you can read summaries and briefings about the new crypto asset market regulation (“MiCAR”) everywhere. Certainly MiCAR has the potential to give the EU crypto market a huge boost. From what we have seen so far, regulation for new business models, especially in the fintech market, is not as bad as everyone has assumed so far. Renate Prinz puts the developments in FinExtra in perspective. Click here for the article.
Von Renate Prinz and Annabelle Rau am Oct 21, 2022
Gepostet In Crypto Regulation, Events
From crypto, NFTs and blockchain technologies, to ethics in artificial intelligence, outsourcing and cloud deals, to trends in IP protection and enforcement in the metaverse: Together, we discussed some of the latest global trends in the technology industry at this year’s McDermottTech. Interested in the content of our panels? Click here for the videos of our panels. You can also download the PowerPoint presentation here.
Von Annabelle Rau and Renate Prinz am Sep 21, 2022
Gepostet In Crypto Regulation
In this webinar, Renate Prinz and Annabelle Rau provide an overview of the current regulatory land-scape for crypto assets and crypto service providers in Germany, also taking a look at the European level, where uniform legislation for the regulation of crypto-assets is coming soon. The following fur-ther topics will be covered: Regulatory classification of crypto-assets in Germany. Licensing requirements in connection with crypto-assets and crypto-services Overview of the regulatory requirements for entities regulated in Germany Draft European crypto regulation, in particular the Markets in Crypto-Assets Regulation (“MiCAR”). Passporting of licenses within the EU Click here to watch the video. Interested...
Von Renate Prinz and Annabelle Rau am Sep 16, 2022
Gepostet In Crypto Regulation
In their latest article for “Libra – das Rechtsbriefing”, Renate Prinz and Annabelle Rau present the main contents of the new “Markets in Crypto-Assets Regulation” (MiCAR), which the European Council, the EU Parliament and the EU Commission recently agreed on. Click here to read the entire article.
Von Renate Prinz am Sep 2, 2022
Gepostet In Banking Law
In August, BaFin published new circulars on the quantitative liquidity standards of the CRR (Capital Requirements Regulation), which, in particular, address the regulatory treatment of off-balance sheet products in the structural liquidity ratio (Net Stable Funding Ratio – NSFR or “simplified NSFR”) as well as adjust the materiality criteria for annual reporting (Art. 23 of Delegated Regulation 2015/61). The two circulars are relevant for all institutions to which Article 6 (2) CRR apply and which are classified as “Less Significant Institutions (LSIs)” pursuant to Article 6 (4) SSM Regulation, as well as for all institutions pursuant to Section 1a German...