The Association of Foreign Banks in Germany (Verband der Auslandsbanken in Deutschland e.V.VAB) has published a position paper regarding the Second Financial Markets Amendment Act (Zweites Finanzmarktnovellierungsgesetz2. FiMaNoG). The VAB paper focuses on proposed amendments to the Securities Trading Act (WertpapierhandelsgesetzWpHG) and the Banking Act (KreditwesengesetzKWG) The VAB position paper can be found here. Additionally, a short description of the VAB’s comments on the 2. FiMaNoG can be found here in German.