Daniel Klingenbrunn

Principal Associate, Freshfields

Daniel is a corporate and financial regulatory principal associate in Freshfields’ global transactions practice in Frankfurt.

He advises financial institutions, such as credit institutions and investment firms, and also unregulated companies on financial regulation matters. He has a keen interest in emerging legal issues surrounding fintech, blockchain and crypto-asset regulation. He is a core member of the firm’s Fintech group and regularly contributes articles, commentary and other content to internal and external publications.

During his time at Freshfields, Daniel has spent time seconded to a global bank’s asset management and private wealth business in Frankfurt and to Freshfields’ New York office.

Daniel completed his legal education at Bucerius Law School in Hamburg and at Georgetown University in Washington, D.C. He served his legal traineeship (Referendariat) at the Higher Regional Court of Hamburg, including a stage at the European Central Bank (ECB). He was admitted to the bar as Rechtsanwalt in 2018.

Contributed to

1

EU Recast Second Wire Transfer Regulation (Recast WTR2)—cryptoasset transfers

Practice Notes

This Practice Note sets out the obligations of cryptoasset service providers (CASPs) under the EU’s Recast Wire Transfer Regulation 2 (Recast EU WTR2) (also referred to as the Recast Funds Transfer Regulation 2 (Recast FTR2)) and the European Banking Authority’s (EBA) Travel Rule Guidelines, applicable from 30 December 2024. It provides practical guidance on tackling key challenges for CASPs such as self-hosted addresses and a lack of standardised messaging infrastructure.

EU Law