No Exemption from the Money Laundering Act
18. September 2025
Significant clarifications by the European Court of Justice on the role of the SCHUFA score in credit rating assessments On December 7, 2023, the European
...Lübeck Regional Court decides on allocation of liability in online banking phishing cases On January 18, 2024 (Case No.: 3 O 83/23), the Lübeck Regional
...Reclaim of Credited Withholding Tax in the Cum/Ex Complex – Current Decision of the Hamburg Fiscal Court The Hamburg Fiscal Court (Ref. 6 K 228/20)
...Bank’s Liability in Phishing Cases: Grounds and Implications of the OLG Frankfurt am Main Decision The Higher Regional Court (OLG) of Frankfurt am Main recently
...The silence of the home saver in response to contract amendment offers: consent by inaction possible? The Higher Regional Court of Frankfurt am Main addressed
...Background of the judgment by the Higher Regional Court (OLG) Frankfurt am Main The Higher Regional Court (OLG) Frankfurt am Main, in its ruling of
...No entitlement to compensation against banks after phishing losses in cases of gross negligence – Key clarifications made by the Munich District Court In March
...Federal Court of Justice: Contractual clauses on negative interest rates for savings and call deposit accounts are invalid In a landmark ruling on February 5,
...Landmark decision by the Federal Court of Justice (BGH) on interest adjustment in old bonus savings contracts With two fundamental rulings (Case Nos.: XI ZR
...Landmark decision on the repayment of account fees by a savings bank In a recent proceeding, the Federal Court of Justice (BGH) clarified significant issues
...Key decision by the Federal Court of Justice (BGH) on the transferability of claims for information regarding bank charges The judgment of the Federal Court
...Switching fee on loan settlement: District Court of Lübeck confirms the right of the replaced bank to claim fees from the new bank In a
...Liability Allocation for Unauthorized Account Debits Due to the Disclosure of Sensitive Banking Information – Decision of the Regional Court of Lübeck In its recent
...Judicial Liability of a Bank Board Member for Speculative Business Activities By judgment of August 8, 2025 (Case No. 43 O 18215/19), the Regional Court
...Importance of timely reporting of card misuse in light of the latest ECJ decision On August 12, 2025, the European Court of Justice (ECJ) addressed
...Introduction to Prepayment Penalties The prepayment penalty is a fee charged by the bank when a borrower repays their loan in full before the end
...Entitlement to reimbursement of unlawful bank fees – limitation periods and legal framework With its judgment of May 21, 2024 (Ref.: XI ZR 45/24), the
...Decision of the Higher Regional Court of Frankfurt on the termination of bank accounts under the influence of foreign sanctions In a judgment dated July
...Obligation of banks to proactively inform about ineffective general terms and conditions (GTC) clauses regarding custody fees By decision dated February 27, 2024 (File
...Judgment of the ECJ on 13th February 2025 – C-472/23 When taking out a loan with a bank, the borrower is required to pay interest.
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