Under German corporate law, the principle of separation (the so-called “separation principle”) applies. Each company is an independent legal entity and is generally liable only for its own obligations.

On 28 July 2025, the European Commission launched an in-depth investigation under the Foreign Subsidies Regulation (Regulation (EU) 2022/2560, EU-FSR) to review the proposed acquisition of Covestro AG by Abu Dhabi National Oil Company PJSC.

As 2021 draws to a close, COVID-19's variants and mutations continue to present challenges. This extends both to the medical response as well as the economic outlook for businesses...

The European Central Bank (ECB) frequently provides legal opinions either on its own initiative or at the request of EU institutions or national authorities...

Germany's coalition government has proposed sweeping reforms to employment law that would fundamentally alter fixed-term contracts, dismissal protections, employee co-determination, and sick leave requirements. The package aims to strengthen Germany's competitive position amid technological change and demographic pressures, offering employers expanded flexibility while maintaining worker protections. These initiatives signal the most significant restructuring of German labor law in years, with implications

The breadth of information and communications technology (ICT) services on offer to financial services firms continues to develop rapidly.

In a bumper start to 2024, the European Securities and Markets Authority (ESMA) on 3 January 2024 published five consultations on draft Commission Delegated Regulations (CDRs)...

Die öffentliche Hand finanziert zunehmend soziale Leistungen durch Dritte, doch ein sozialer Zweck schließt staatliche Beihilfen nicht aus. Die neue EU-Guidance zeigt, wie Kommunen und öffentliche Unternehmen soziale Maßnahmen beihilfenrechtskonform gestalten können – von Wohnraum über Weiterbildung bis zur energetischen Sanierung.

Die Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) hat einen Konsultationsentwurf zu den umfassenden Änderungen im Kapitalanlagegesetzbuch durch das Fondsrisikobegrenzungsgesetz veröffentlicht. Welche neuen Anforderungen gelten für Geschäftsleiter von Kapitalverwaltungsgesellschaften, und wie wirken sich die Regelungen zu MiFID-Dienstleistungen auf bestehende Erlaubnisse aus? Der Entwurf gewährt in vielen Bereichen Bestandsschutz für bereits etablierte Strukturen.

On 18 March 2026, the European Commission presented EU Inc. – a new, unified set of rules for businesses intended to apply across the EU.

On 29 April 2024, the European Banking Authority (EBA) published an opinion on new types of payment fraud and possible mitigants, addressed to the EU co-legislators and the EU Commission (the Opinion).

The EU's Regulation, known as the Digital Operational Resilience Act (DORA) came into effect on 17 January 2025. DORA sets out a comprehensive legislative, regulatory and supervisory framework for financial entities...

Traditionally financial services firms designed their 3LoD models including how and where their control functions carry out their duties when interacting with business and operational units...

On 18 February 2020, the Council of the European Union (the Council) adopted a legislative package consisting of Directive 2020/284/EU[Available here.]...

Die neue EU-Verpackungsverordnung (PPWR) ist seit dem 12. August 2026 geltendes Recht und betrifft alle Unternehmen, die mit Verpackungen oder verpackten Produkten arbeiten. Während viele Verantwortliche im Sommerurlaub waren, veröffentlichte die Europäische Kommission eine Woche vor Anwendungsbeginn praxisrelevante FAQ, die neue Anforderungen an Konformitätserklärungen, Lieferantenmanagement und Dokumentationspflichten mit sich bringen. Unternehmen stehen nun vor der Herausforderun

Improving cybersecurity and resilience of financial services, certainly those performing critical economic functions, has been a long-standing priority of legislative policymakers but also supervisory authorities.

Die Bundesregierung plant, die Nutzung von Vorrats-SE zur Umgehung des deutschen Mitbestimmungsrechts einzuschränken. Unternehmen mit laufenden oder geplanten SE-Strukturen sollten ihre Optionen prüfen und die Entwicklung aufmerksam verfolgen. Welche rechtlichen Alternativen bestehen und was bei der Umstrukturierung zu beachten ist, bleibt vorerst offen.

The term of the current Chair of the ECB-SSM (the Chair) will come to an end at the end of 2023. The Chair of the European Central Bank's (ECB) Supervisory Board heads the banking...

The German Federal Financial Supervisory Authority (BaFin) has identified six main risks for the German financial sector for 2022, which it intends to address as a priority during the current supervisory cycle.

In total, the ECB-SSM assessed 109 banks that were classified as significant institutions as of 1 August 2021.