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New version of MaRisk – Circular 10/2021 (BA) – Minimum risk management requirements
What exactly is the issue? BaFin is currently consulting on an amendment to MaRisk, which will probably be implemented in Q1/Q2 2023. Subject of the implementation The 7th MaRisk amendment adopts i...
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BaFin focuses audit on product governance and objects to accuracy of financial market participants
Complaints about product governance BaFin has examined product providers as well as distributors, i.e. portfolio managers, investment advisors, etc., and found numerous reasons for objections. The ...
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Green Deal: eprimo acquires first own solar park
With the acquisition of its first own solar park, Germany’s largest green energy discounter eprimo is actively driving forward the energy transition. The PV park in Biehla (Saxony) will suppl...
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New Remuneration Ordinance for Medium-sized Securities Institutions
BaFin drafts regulations for securities institutions for the first time
Affected institutions BaFin is currently consulting on a draft of a remuneration regulation (WpIVergV) for managing directors and risk takers of medium-sized securities institutions (§ 2 para. 17 W...
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Andrei Croitoru, the first Romanian practicing lawyer to earn the Certified Fraud Examiner (CFE) credential
Already a name to note in the Romanian legal sector covering white collar crime, Andrei Croitoru has gone the extra mile and became the first Romanian practicing lawyer fully trained and certified ...
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act legal Czech Republic Best Law Firm for Environmental law
act legal Czech Republic (act Řanda Havel Legal) won this year’s prestigious Law Firm of the Year award, organised by EPRAVO.CZ, in the category Environmental law. As well as wins in the Ener...
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act AC Tischendorf advises DEG (HQIB)
on its majority shareholding in SMAL GmbH
Digital Experiences Group GmbH (« DEG »), in which Harald Quandt Industriebeteiligungen GmbH (« HQIB ») holds a majority stake, has acquired a majority stake in SMAL GmbH (« SMAL »). SMAL is an int...
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act legal Germany advises Intersaction on its first acquisition in Germany
Intersaction, a private equity investor headquartered in the Netherlands, acquired all shares in Amberg Umwelt-Technik GmbH through its portfolio company BMAir Deutschland GmbH & Co. KG. BMAir ...
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