Article 3: Legal Aspects of Blockchain Technology — Licence Requirements for Leasing, Factoring, and Sales Financing
11 min readDec 14, 2020
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Authors: Markus Kaulartz, Jonas Gross, Constantin Lichti, Philipp Sandner, Daniel Holk
In this article, we analyze from a legal perspective under which circumstances companies providing specific financial services require regulatory approval. We differentiate in our legal assessment between (i) finance leasing, (ii) factoring services, and (iii) sales financing. Furthermore, we offer suggestions for the practical implementation. The…