Following a long and controversial discussion the draft bill on "gender quotas", which was adopted by the Federal Government, passed the Federal Cabinet on 11 December 2014

The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, "BaFin") today announced changes to its administrative practice with regard to loan origination by investment funds.

The coalition's agreement of June 20, 2016 heralds the provisional end of a reform pro-cess that has lasted more than 18 months.

On 14 May 2020, the German Federal Parliament adopted a draft law to mitigate the conse-quences of the COVID-19 pandemic in competition law and for the self-governing organisa-tions of the commercial sector.

Please find our current M&A update as of May 7, 2020 with regard to the COVID-19 pandemic.

The Federal Ministry of Finance published today for consultation purposes a draft regulation amending the investment ordinance.

The so-called Act to Strengthen Germany as a Fund Jurisdiction added an exemption to the German VAT Act from VAT for management services rendered to "venture capital funds" (Wagniskapitalfonds)...

Bill C-18, entitled the Agricultural Growth Act, received Royal Assent on February 25, 2015, and will come into force on a day to be fixed by order of the Governor in Council.

In its decision dated 7 March 2013, the European Court of Justice held that advisory services concerning investment activities of an investment fund, provided by a third party advisor to the management company of the fund, fall within the VAT exemption for the management of investment funds.

With effect from 1 January 2020, the law introducing an obligation to report cross-border arrangements (BGBl. I 2019, p. 2875) entered into force.

Please find another M&A update relating to the COVID-19 pandemic.

On 23 April 2014 the German Federal Ministry of Finance released a circular regarding certain open issues in connection with the AIFM Tax Act.

On the 20th of May 2015, the EU's Fourth Anti-Money Laundering Directive (the 4AMLD), was adopted.

The German Investment Ordinance (GIO) is being amended (Eighth Amending Ordinance (https://www.recht.bund.de/bgbl/1/2025/31/VO.html). For the insurance companies within its scope the following

The Federal Financial Supervisory Authority has published a consultative draft guidance notice including a Q&A on the scope of the draft Capital Investment Act as well as the interpretation of the term "alternative investment fund, and the Draft firstly stipulates the individual legal characteristics for the term investment fund.

On 23 April 2012 the Federal Republic of Germany and the Grand Duchy of Luxembourg signed a new Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital ("Treaty").

On June 26, 2017 the Act for the Implementation of the Fourth EU Anti-Money Laundering Directive, for the execution of the EU Funds Transfer Regulation and for the reorganization of the central department...

As of May 25, 2018 the new EU General Data Protection Regulation (GDPR) shall apply, complemented by the new Federal Data Protection Act.

We keep our overview "COVID-19 - State aid for affected companies" always up-to-date for you. You can find our update from 28/04/2020 here...

On 18 June 2020, the German Federal Parliament passed an amendment to the Foreign Trade Act with only minor changes.