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Global Media and Communications Watch The International Legal Blog for the Tech, Media and Telecoms Industry

Category Archives: e-commerce

Posted in e-commerce, Policy & Regulation, Technology Emily Reid

Webinar recording – UK PSD2 implementation

HM Treasury published a consultation paper and draft Payment Services Regulations 2017 for a short 6 week consultation period ending on 16 March 2017.

The consultation paper states that the Government aims to finalise and lay the final implementing legislation in Parliament in ‘early 2017 to provide industry with as much time as possible to adjust to any changes required’.… Continue Reading

Posted in e-commerce, Policy & Regulation, Technology

Hogan Lovells Global Payments Newsletter l January 2017

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • EBA consults on guidelines on security reporting:
Continue Reading
Posted in e-commerce, Policy & Regulation, Technology Federico Hernández Arroyo

Cryptocurrencies prompt contrasting reactions by Latin American regulators

While used by organized crime, cryptocurrencies are also becoming accepted as a legitimate payment method by mainstream sectors of the economy in Latin America. Currently, some stores, start-ups, restaurants, hotels, and other online businesses are accepting Bitcoin and other cryptocurrencies as a valid payment method. Online exchange platforms are emerging rapidly and even ATMs have been installed to carry out … Continue Reading

Posted in e-commerce, Policy & Regulation, Technology

Hogan Lovells Global Payments Newsletter l December 2016

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • PSF Strategy launch: the Strategy aims to
Continue Reading
Posted in e-commerce, Policy & Regulation, Technology

Hogan Lovells Global Payments Newsletter l November 2016

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • UK PSR policy statement on IFR guidance
Continue Reading
Posted in e-commerce Adrian EmchAndy Huang

Chinese payment encryption device suppliers fined for participation in government-orchestrated cartel

On 4 November 2016, the State Administration for Industry and Commerce (“SAIC“) – one of China’s antitrust authorities – published on its website three decisions, whereby three payment encryption device suppliers were fined by SAIC’s branch in Anhui Province (“Anhui AIC“).  Payment encryption devices are used by bank customers to protect the security of payments
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Posted in e-commerce Eugene Low

China strengthening consumer protection in e-commerce

It is no exaggeration to say that e-commerce is huge in China. E-commerce sales on China’s Singles’ Day (11 November 2016) have been hitting record-high year and year again. This year, it was reported that online consumers of Alibaba’s Chinese website have spent over US$17 billion on the Singles’ Day in just 24 hours.

Amid this popularity of e-commerce, the … Continue Reading

Posted in e-commerce, Policy & Regulation, Technology

Hogan Lovells Global Payments Newsletter l September 2016

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • Real time gross settlement system: The Bank
Continue Reading
Posted in Digital Single Market (EU), e-commerce Falk SchoeningPeter Citron

European Commission’s e-commerce sector inquiry – increasing antitrust heat

Online sales are not only attracting the attention of consumers and tech businesses, but also increased review by antitrust regulators. The European Commission yesterday published a detailed 290 page preliminary report on its e-commerce sector inquiry.

While commenting on the release of the report, EU Competition Commissioner Margrethe Vestager stated that the report should be “a trigger for companies Continue Reading

Posted in e-commerce, Internet, Policy & Regulation

Hogan Lovells Global Payments Newsletter l July 2016

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • Super-lobby group planned: The British Bankers’ Association,
Continue Reading
Posted in e-commerce, Internet, Policy & Regulation

Hogan Lovells Global Payments Newsletter l June 2016

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • Round Two: With phase 2 of the
Continue Reading
Posted in e-commerce Lewis Cohen

Hogan Lovells and SFIG get to grips with the structured finance blockchain

Chances are, at some point you’ve heard of the blockchain, or perhaps at least Bitcoin.  It’s an increasingly hot topic as more and more attention is being paid to digital currency.  The blockchain is what makes Bitcoin, and other similar transactions involving digital currencies, viable.  Simply put, a blockchain is a time-stamped and linked shared digital ledger of transactions, accessible … Continue Reading

Posted in Digital Single Market (EU), e-commerce Jan BlockxChristian RitzOliver WilsonChristoph Wünschmann

DSM WATCH: Draft Proposal For Geo-Blocking Regulation Leaked

News site Politico this week leaked a draft proposal for an EU Regulation on addressing geo-blocking and other forms of discrimination based on place of residence or establishment, or nationality within the Single Market.  (And as a reminder – the phrase “geo-blocking” in this context refers to access limitations to websites generally rather than blocking audio-visual content – and indeed … Continue Reading

Posted in e-commerce, Internet, Policy & Regulation

Hogan Lovells Global Payments Newsletter l May 2016

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • Branchless banks: Mobile-only start up Atom Bank
Continue Reading
Posted in Digital Single Market (EU), e-commerce Mathias Schöenhaus

DSM Watch: VAT Action Plan – the start of VAT regime reform?

On 7 April 2016 the European Commission released its VAT Action Plan, which provides a pathway to the creation of a single Value Added Tax (VAT) area in the European Union.  The Commission considers the current VAT system to be a core element of the single market that should assist in facilitating trade within the single market. However, the Commission … Continue Reading

Posted in e-commerce, Internet, Policy & Regulation

Hogan Lovells Global Payments Newsletter l April 2016

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • Contactless usage soars: the UK Cards Association
Continue Reading
Posted in e-commerce, Internet Christine GateauWinston MaxwellPauline Faron

French Digital Bill: what obligations are imposed on platforms?

In our previous update, which can be found here, on the French bill “for a Digital Republic” (“Digital Bill”), we discussed the vague notion of platforms.

Here is what you should know about the obligations which are likely to be imposed on platforms.

Loyalty obligation

First of all, the Digital Bill only provides a duty of loyalty and transparency … Continue Reading

Posted in e-commerce, Internet Christine GateauPauline Faron

French Digital Bill: To be or not to be a platform?

After several months of public consultations, several versions of intermediate texts, the long-awaited bill “for a Digital Republic” (“Digital Bill”) was finally transmitted to the Council of Ministers last 9 December 2015 and officially presented to the French National Assembly.

An amended version of the Digital Bill was then adopted by the National Assembly in first reading on 26 January … Continue Reading

Posted in Digital Single Market (EU), e-commerce Falk SchoeningChristian Ritz

DSM Watch: Can manufacturers prevent resale of goods via third-party online platforms using selective distribution agreements? Uncertainty remains in Germany following recent decision of the Higher Regional Court of Frankfurt

In its Communication on a Digital Single Market Strategy for Europe (DSM) of 6 May 2015, the European Commission committed to assess the role of online platforms. In this context, the Commission launched a sector inquiry into e-commerce (6 May 2015) in order to gather data on the functioning of e-commerce markets and to identify possible competition concerns. In addition, … Continue Reading

Posted in Digital Single Market (EU), e-commerce Oliver Wilson

UK Government workshop on EU digital contract proposals

DSM Watch: on 24 February the UK Government’s Department for Business, Innovation and Skills (BIS) organised a conference in London on the European Commission’s proposals under its Digital Single Market (DSM) strategy for the directive for distance sales of goods and the directive for the sale of digital content.  Our DSM Task Force team is a multi-jurisdiction, cross-practice group working … Continue Reading

Posted in e-commerce Georgia Chiu

e-commerce sales targeted in SAIC’s “red shield net sword” campaign

China’s State Administration for Industry and Commerce (SAIC) pulled through its annual online piracy crackdown – called the “red shield net sword” campaign – from July to November 2015. The campaign aimed at curbing online sales of counterfeit and sub-par goods, and mainly targeted infringements on e-commerce platforms.

According to a recent SAIC notice, SAIC and its local offices mainly Continue Reading

Posted in e-commerce Mark ParsonsRoy Zou

China regulates online payment business of non-bank players

China’s online payment market is growing at breakneck speed. In the first three quarters of 2015, the total volume of online transactions processed by payment institutions exceeded RMB 56 billion, and the monetary value of transactions reached close to RMB 3.3 trillion.

But these impressive figures have come with significant “growing pains” in the industry, as the quality of some Continue Reading

Posted in Digital Single Market (EU), e-commerce

DSM Watch: Launch of online dispute resolution platform: what do traders need to know?

Last week saw the launch of the European Commission’s new online dispute resolution (ODR) platform to help consumers and traders resolve disputes about purchases made online. The ODR platform is available here.

Background

As part of the wider Digital Single Market (DSM) strategy, the aim of the ODR platform is to reduce the difficulties faced by consumers when complaining … Continue Reading

Posted in e-commerce Justin TongAlly Smith

TMT2020: Instant Gratification – the Rise of Fintech and Real-time Payments in Singapore

EDITOR’S NOTE:  We are excited to present this entry in our new TMT2020 series, which reflects the key technology, media, and telecoms legal issues that are expected to impact today’s organizations and tomorrow’s marketplace.  It also provides an opportunity to highlight contributions by TMT associates across our global offices and practice areas. 

Real-time payments have become an increasingly common way … Continue Reading