148 results found

On 14 March 2025, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin) published a draft Guidance Note...

On 4 December 2025, the European Commission published proposals for the further development of capital market integration and supervision within the European Union.

On 9 September 2025, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin)...

The European Securities and Markets Authority has issued a definitive statement clarifying that the MiCAR transitional period expires on 1 July 2026, after which any entity providing crypto-asset services to EU clients without proper authorization will be in breach of EU law. This regulatory deadline represents a fundamental legal transformation of the EU crypto-asset market, affecting business models, contractual relationships, board exposure, and enforcement risk for crypto-asset service providers.

The German federal government recently passed the 17th amendment to the Foreign Trade and Payments Ordinance (Außenwirtschaftsverordnung—AWV)

The German Parliament has, in response to the ongoing crisis in the financial markets, extended a legislation, which originally came into force on October 18, 2008.

On 10 February 2021, the German Federal Government published its draft Transparency Register and Financial Information Act. The purpose of the Government Draft is to intensify the fight against money laundering and terrorist financing.

With the extension of the German Act on the Federal Office for Information Security [Gesetz über das Bundesamt für Sicherheit in der Informationstechnik, BSI-Gesetz] ("BSI Act"), the federal...

The European Parliament has adopted its negotiating position on revising the Sustainable Finance Disclosure Regulation, introducing genuine ESG product categories while providing opt-out options...

In a recently published judgment, the Higher General Court of Düsseldorf has objected to the interpretation of the transaction value threshold under the German merger control regime...

Increasingly far-reaching restrictions with respect to the COVID-19 virus also bring to light the issue of timely drafting, auditing, adoption, and publication of annual and consolidated financial statements...

On 15 April 2025, the European Securities and Markets Authority (ESMA) published its final reports on the Regulatory Technical Standards (RTS) and the Guidelines on Liquidity Management Tools (Guidelines).

The Federal Ministry for Economic Affairs and Energy has now published the long-awaited draft law revising the German Placement Agent Regulation ("FinVermV").

On 1 April 2026, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin)...

EU financial supervisory authorities have published their 2025 annual reports, revealing a fundamental shift from framework development to operational enforcement and implementation monitoring. The reports demonstrate how the European Banking Authority, ESMA, EIOPA, ECB-SSM, and Single Resolution Board are moving toward data-driven supervision, systematic DORA monitoring, and enhanced cross-sectoral coordination. What does this transition from rule construction to demonstrable, peer-comparable outcomes mean

Important Clarifications on the Permissibility of Investments in Closed-End Funds for German Special Funds (Spezialfonds)

Michael Huertas examines the future direction of financial supervision in Europe against the backdrop of the EU's Savings and Investments Union and the Market Integration and Supervision Package. The article explores the ongoing debate between national supervisory autonomy and greater European oversight, analysing the implications for capital market integration, competitiveness and cross-border financial services.

The progressive development of new technologies is also leading to new fields of application and innovations in the healthcare industry.