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Germany lays legal base to boost Spezialfonds crypto currency investments | News
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A new law in Germany could open up as much as $415 billion in crypto investments
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DACH roundup: Swiss schemes funding ratio peaks at record level in Q1 | News
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This webinar will be in German.
We are continuing our successful series of webinars and this time we are devoting ourselves to the planned Fund Location Act (FoStoG): Fortunately, the draft law implements some of the requirements of the fund industry that have long been expressed. On the other hand, there are new hurdles, for example in sales, that are placed on market participants.
The experienced speakers from our law firm will explain the upcoming legal changes and their effects to you and your colleagues from your company s specialist departments.
Our webinar will take place as a one-hour appointment on March 2nd, 2021. The following topics are dealt with:
By Luigi Serenelli2020-12-15T15:11:00+00:00
The German Ministry of Finance has proposed a draft law to encourage investment fund activity in the country.
The law – Fondsstandortgesetz (FoG) or the Fund Location Act – if passed, it could translate into the implementation of the Directive (EU) 2019/1160 regarding the cross-border undertakings for the collective investment in transferable securities (UCITS). The deadline to integrate the European rules into national law is 2 August 2021.
The set of rules in the Fondsstandortgesetz is intended to reinforce Germany’s appeal as a location for registration of investment funds. Although the German market has shown signs of further progress in recent years, it still falls behind other European countries such as Luxembourg or Ireland for instance, the Ministry noted in the draft.