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Cologne
Member since
2022

Renate's long read archive

2024 (2) 2023 (1) 2022 (1)
Renate Prinz

Renate Prinz

Partner at McDermott Will & Emery LLP
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Bio I am specialized on Corporate, M&A and financial regulatory law, advising in the financial sector on licensing requirements, transactions and corporate reorganizations. Career History Joined MWE in 2019, before I worked at Linklaters, Corporate, M&A and Financial regulatory.

Long reads

Reverse solicitation: Is this the end to license-free provision of financial services?

15 May 2024

The reverse solicitation rule has become increasingly important in the cross-border financial services sector since Brexit. In short, it enables the cross-border provision of financial services or the granting of loans without the necessary authorisation in the recipient country if the service is requested at the customer’s exclusive initiative. F...

Non-Performing Loans are now subject to regulation: What it means

04 Mar 2024

Let’s take a moment to remember the time after the financial crisis of 2007 and 2008: credit institutions tried at all costs to get rid of their huge non-performing-loan (NPL) portfolios. In our daily legal work, we repeatedly supported those institutions, explaining what was possible, how it could be done and, above all, what was not possible for...

What to expect from the EU's new PSD3, PSR and FIDA regulations

30 Oct 2023

This article was co-authored by Annabelle Rau, associate at McDermott, Will & Emery. In November 2015 the Payment Services Directive II (PSD2) on payment services in the internal market came into force, most of the rules are applicable under the according Member State laws since January 2018. PSD2 led to much turmoil among payment service prov...

Understanding the regulatory landscape for crypto-assets in Germany and the EU

01 Nov 2022

Currently, we can read many summaries and briefings on the new Market in Crypto Assets Regulation (“MiCAR”) everywhere. For sure, MiCAR has the potential to give the EU crypto market a huge push forward. From what we can see so far, regulation for new business models especially in the Fintech market is not as bad as everyone supposed before. We al...