BaFin Report Provides Guidance On Application Of New Regulation On PIBs

Mondaq Business BriefingGermany Law Articles in English (2011)

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BaFin Report Provides Guidance On Application Of New Regulation On PIBs

On December 5, 2011, the German Financial Supervisory Authority (BaFin) issued a report on the results of its analysis of 120–130 product information sheets. The report provides valuable guidance regarding the necessary and permissible content of the product information sheets.

The Act to Strengthen Investor Protection and to Improve the Operability of the Capital Market (AnsFuG), which came into effect April 8, 2011, has introduced product information sheets (Produktinformationsblätter – PIBs) to Germany...

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