Akin Gump Strauss Hauer & Feld LLP (JD Supra Germany)
Germany Further Tightens Rules on Foreign Direct Investment
Key Points - On April 27, 2021, the German government adopted the 17th Regulation for the Amendment of the German Foreign Trade Regulation (Außenwirtschaftsverordnung (AWV)). The regulation, which came into force on May 1, 2021, is expected to provisionally conclude the comprehensive overhaul of Germany’s foreign direct investment screening regime, which has been successively...
BaFin Confirms Which Euro Indices Can Be Traded
BaFin, the German financial regulator, issued on 19 March 2002 a clarification statement confirming that the recent prohibitions on establishing and increasing net short positions imposed by the European Union regulatory authorities (to date, in Austria, Belgium, France, Greece, Italy, Spain and the UK) do not prevent the lawful trading of instruments related to the indices Euro STOXX 50®, STOXX®
Germany’s Foreign Direct Investment Regime: Further Changes Ahead
On November 29, 2018, the German Minister for Economic Affairs, Peter Altmaier, presented its “National Industry Strategy 2030.” Amongst other things, the strategy paper sets out the key points of the Minister’s plans to expand the ability of the German government to screen and prohibit acquisitions of German companies by Non-EU investors under the German Foreign Trade Regulation (AWV). The...
Germany Tightens Rules on Foreign Direct Investment
• On 19 December 2018, the German government adopted the 12th regulation for the amendment of the German Foreign Trade Regulation. The amendment, which came into force on 29 December 2018, expands the ability of the German Ministry for Economic Affairs and Energy to prohibit certain direct or indirect acquisitions of shareholdings in German companies by foreign investors if the acquisition poses...
New German Data Protection Law Enables a German Version of “Class Actions”
Germany has enacted a new data protection statute, which came into force on February 24, 2016, and enables business associations and consumer groups to enforce violations of German data protection laws against businesses. Since these associations and groups act as a type of class representative, the effect of the new law could be described as allowing the German version of U.S. “class actions” to
AIFMD Update – German Private Placement Rules
Our Investment Funds group has received an update on the changes to the private placement rules for marketing of alternative investment funds (“AIFs”) in Germany following the implementation of the Alternative Investment Fund Managers Directive (“AIFMD”) on July 22, 2013.