Government draft of the Fund Risk Limitation Act published

The German Federal Ministry of Finance has presented the government draft of the Fund Risk Limitation Act. The planned law primarily serves to implement the amendments to the AIFM Directive.

Compared to the draft bill, the government draft includes several adjustments that are primarily intended to improve the clarity of the regulations and their practical applicability for investment management companies. The Federal Government is thus responding to criticism from industry associations but is also introducing some stricter requirements.

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