On May 29, 2024, the German Federal Cabinet adopted a draft law to amend the Carbon Dioxide Storage Act (Kohlendioxid-Speicherungsgesetz – KSpG) and key points of a carbon management strategy. The draft law is based on a...more
The Financial Market Integrity Strengthening Act includes a large number of innovations aimed at strengthening confidence in the German financial market by placing more comprehensive obligations on auditors when auditing...more
As the economic effects of the coronavirus (COVID-19) pandemic continue to be felt, Germany’s protective shield proceeding under Section 270b of the Insolvency Code is a way for companies to restructure under the direction of...more
In order to avoid a large number of corporate insolvencies, the German Parliament adopted a law on March 25 to mitigate the consequences of the coronavirus (COVID-19) pandemic in civil, insolvency, and criminal procedural...more
On 1 January 2020, the Act on the Implementation of the Amendment Directive to the Fourth EU Money Laundering Directive (Gesetz zur Umsetzung der Änderungsrichtlinie zur Vierten EU-Geldwäscherichtlinie) will enter into force...more
The German Federal Financial Supervisory Authority (BaFin) has issued a notice letter reflecting its pragmatic approach to regulating initial coin offerings. In the absence of specific European and German laws, BaFin’s...more
A draft bill to prosecute undertakings for corporate crimes in Germany includes sanctions against undertakings, an incentive scheme for conducting internal investigations, and clarification on the attorney-client...more
Guidelines indicate that violations of the German Securities Trading Act will be sanctioned more rigorously by the German federal financial supervisory authority in the future.
Since July 2016, the German federal...more
Germany’s private placement rules for funds will change again.
On 19 July, the European Securities and Markets Authority (ESMA) published its advice on applying the Alternative Investment Fund Managers Directive (AIFMD)...more
8/3/2016
/ AIFM ,
AIFMD Passport ,
AIFs ,
Alternative Investment Fund Managers Directive (AIFMD) ,
EU ,
EU Passport ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
European Union Delegated Act (EUDA) ,
Fund Managers ,
Germany ,
Grandfathering Rules ,
Private Placements
New European transparency requirements have been transformed into German law.
On 27 November, Germany will implement the Amendment Directive to the Transparency Directive (2013/50/EU, the Amendment Directive). The...more
By changing its administrative practice, the BaFin allows loan origination and loan restructuring by investment funds in Germany.
On 12 May, the German Federal Financial Supervisory Authority (BaFin) published changes to...more