German Investment Fund Association Extends Rules of Conduct -
The general meeting of the German Investment Fund Association BVI (Deutscher Fondsverband) agreed to revised rules of conduct for the fund industry which will...more
11/29/2016
/ Asset Management ,
BaFin ,
EU ,
Germany ,
Insurance Industry ,
Investment Companies ,
Investment Funds ,
Loans ,
Regulatory Requirements ,
Risk Management ,
Rules of conduct ,
UCITS
BaFin, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) last year eased its administrative practice with respect to loan origination and loan restructuring activities of...more
7/12/2016
/ AIF ,
AIFM ,
BaFin ,
Direct Lending ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Germany ,
Investment Funds ,
Investment Management ,
Loan Origination Funds ,
Member State ,
Risk Management
General Administrative Act to Ensure Legal Certainty for Netting Agreements in the Scope of German Insolvency Law -
As of June 9th 2016 BaFin issued a General Administrative Act to ensure legal certainty for netting...more
The European Securities and Markets Authority (“ESMA”) published its opinion on 11 April 2016 on the necessary elements for a harmonised European framework for loan origination by funds (the “Opinion”). The Opinion is issued...more
Investment Statistics as of 31 January 2016 -
The German Investment Fund Association BVI issued its latest investment statistics report dated 31 January 2016, giving an overview of the net assets and net sales within the...more
German Federal Government Passes Draft Bill to Amend Financial Market -
The German federal government passed the draft bill to amend financial market laws on 6 January 2016 (“Erstes Finanzmarktnovellisierungsgesetz”,...more
Implementation of the European Transparency Directive 2013/50/EU in Germany -
All market participants investing in German stocks and other equity shares with voting rights traded on an exchange will be subject to new...more
10/9/2015
/ AIF ,
Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
BaFin ,
EU ,
EU Transparency Directive ,
European Securities and Markets Authority (ESMA) ,
Germany ,
Investment Adviser ,
Investment Funds ,
UCITS
Finance Ministry Proposes Changes to German Fund Taxation -
The draft bill proposed by the Finance Ministry for discussion purposes contains significant changes to the German tax environment regarding funds and...more
German Federal Council Passes Retail Investors Protection Act -
The German Federal Council approved the Retail Investors Protection Act on 12 June 2015 which will enter into force in the near future. The Act is designed...more
BaFin Issues New Guidance on Debt Funds -
The German Financial Supervisory Authority, BaFin, made a significant change to its administrative practice on 12 May 2015 regarding loan originating and loan restructuring...more
UCITS: New KIID Q&A -
ESMA published revised Q&A’s on the KIID on 26 March 2015. The Q&A includes a new question on the treatment of past performance information in case of fund mergers....more
4/28/2015
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Fund Managers ,
Investment Funds ,
Memorandum of Understanding ,
MiFID II ,
Money Market Funds ,
Shadow Banking ,
Singapore ,
Swaps ,
UCITS
German Investment Fund Statistics -
In March 2015, the German Investment Fund Association BVI issued its latest investment statistics report as of 31 January 2015, giving an overview of the net assets and net sales...more
EU Passes New Council Directive to Implement “EU-FATCA" -
The Council Directive passed by the EU on 1 December 2014 implements the OECD’s Common Reporting Standard (CRS) in Europe. The Directive has to be implemented...more
3/10/2015
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
Benchmarks ,
CCPs ,
EIOPA ,
EMIR ,
ETFs ,
EU ,
European Securities and Markets Authority (ESMA) ,
FATCA ,
Insolvency ,
Investment Funds ,
MiFID II ,
Money Market Funds ,
Regulatory Agenda ,
Sovereign Debt ,
Swap Clearing ,
Swaps ,
UCITS
ICAV Update - Bill Passed by Lower House of Parliament:
On 28 January 2015, the lower house of the Irish Parliament, the Dail, approved the draft legislation, including various amendments recommended during the Report...more
The German Federal Ministry of Finance published the draft Retail Investor Protection Act (Kleinanlegerschutzgesetz, or Act)1 on 28 July 2014. The Act is intended to strengthen the protection of German retail investors – in...more
The German Ministry of Finance published on 4 December 2012 a draft bill amending the German Investment Tax Act, which is the special German tax regime for German investors investing in German and foreign investment funds....more