Dr. Richard Reimer

Richard advises on issues relating to outsourcing projects, e.g. IT, payment transactions or asset management. He also advises on the implementation of new financial products (deposits, loans, mutual funds, securities, wallet and other payment products) for the German market and on the implementation of new standards (CRD/CRR, AIFMD, EMD, PSD, MiFID/MiFIR, UCITS). He is the primary legal advisor to the Federal Association of Payment Institutions and the Association of Electronic Cash Processing Companies. In this role, Richard is lobbying on behalf of the associations within legislative processes in Berlin and with regard to new standards set out by the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin).

Richard is advising fourteen payment network providers together with the anti-trust team on structuring and in negotiations with all banking associations regarding the domestic debit card scheme including the implementation of the Interchange Regulation. Most recently, Richard focused on FinTech companies. He helped in structuring peer-to-peer lending platforms and the distribution of financial services online and by apps.