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Caroline Herkströter

On 19 November 2020, the German Regulator (BaFin) issued a notice on UK investment funds and their status in light of the imminent expiry of the transition period and the UK qualifying as a third country after 31 December 2020.

Currently, UK UCITS and AIFs benefit from the EU-passport regime, which facilitates marketing of EU-UCITS

At the end of the transition period UK investment firms will lose the right to passport their investment services in the EEA, EEA investment firms will also lose the right to passport their investment services into the UK.  With the increasing possibility that the transition period will end without a free trade agreement and mutual

Episode 2 of the Regulation Tomorrow podcast is out now, make sure to listen and subscribe. We chat to Jonathan Herbst about the latest Brexit news, Caroline Herkströter discusses current thinking around reverse solicitation, and Lisa Lee Lewis explains some of the findings of our recently conducted Global Operational Resilience Survey.

The Regulation Tomorrow Podcast

Episode 2 of the Regulation Tomorrow podcast is out next week, so make sure to listen and subscribe. In episode 2 we will be chatting to Jonathan Herbst on the latest Brexit news, Caroline Herkströter will discuss the German thinking around reverse solicitation, and Lisa Lee Lewis will explain some of the findings of Norton

With every day that passes without apparent progress towards an agreement on financial services or equivalence, the more firms we see putting in place arrangements to enable them to continue business across Europe.

On 22 October members of our financial services and regulation team in London, Paris, Frankfurt, Amsterdam and Milan will be hosting a

On 17 September 2020, the European Banking Authority (EBA) published an online survey to receive input from credit institutions on their practices and views in the area of disclosure of information on environmental, social and governance (ESG) risks. The survey, which is addressed to large credit institutions that will be required

The new European Disclosure Regulation provides the central schedule of obligations for ESG-related disclosures in the EU financial services sector. Many of the disclosure requirements start to apply from 10 March 2021 and therefore all financial market participants and financial advisors need to start considering the content of the requirements in order to address the

On 20 May 2020, the European Central Bank (ECB) published a draft guide for consultation that explains how it expects banks to safely and prudently manage climate-related and environmental risks and disclose such risks transparently under the current prudential framework. Whilst the ECB’s immediate attention is on the COVID-19 pandemic, it remains committed

In order to sell their expertise to German institutional and retail investors, non-German asset managers must find ways to operate in the German investment market. This has become much more difficult under the Alternative Investment Fund Managers Directive. An attractive option is to cooperate with a German Master-KVG.

We have recently published a new client

Germany has adopted a new regulatory regime for crypto assets in connection with the implementation of the Fifth Anti-Money Laundering Directive (AMLD5). On 29 November 2019, the second chamber of the German parliament (Bundesrat) approved the “Act on the Implementation of the Amendment Directive to the Fourth EU Money Laundering Directive”