Heuking

With the adoption of the eIDAS 2.0 Regulation, the legal framework for a Europe-wide unified digital identity infrastructure has been established. At its core is the introduction of the European Digital Identity (EUDI) Wallet. While Member States are obligated to provide corresponding wallet solutions by early 2027 at the latest, the specific design at the national level is currently in a decisive implementation phase. In Germany, a ministerial draft for a Digital Identities Act (Digitale-Identitäten-Gesetz – DIdG) has been presented, which is intended to set the key parameters for the provision, use, and regulatory integration of the wallet...

The intensive debate in recent months regarding the permissibility of investments by financial investors in tax advisory firms which do not have the respective professional qualifications (we reported) has taken a significant turn in the legislative process. While the original ministerial draft and the cabinet draft were still considered comparatively restrained, the German Bundestag has now followed the recommendation of the Finance Committee and adopted an explicit “clarification” of the external ownership ban. Despite the Bundestag’s approval, the legislative process is currently blocked. The Bundesrat unexpectedly rejected the draft legislation on 8 May 2026...