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11.10.2024 | In the media

Guest article in the Asset Management Guide 2024: The Fund Market Strengthening Act – Flexibilization and Debt Fund reloaded

On August 5, 2024, the Federal Ministry of Finance published the draft bill for the Act to Strengthen the German Fund Market and Implement Directive (EU) 2024/927 (“Fund Market Strengthening Act” – “FMSG”). The draft essentially aims to implement Directive (EU) 2024/927 of March 13, 2024, which entails significant changes to the UCITS Directive (2009/65/EC) and the AIFM Directive (2011/61/EU), and also to make the German fund market more competitive. KPMG Law experts Ulrich Keunecke and Rainer Krall know exactly which changes are included.

“Capital market companies must modernize their operational structures – this applies in particular if a capital management company is also interested in granting loans via the AIFs it manages.”

You can find the full article here.

 

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Contact

Dr. Ulrich Keunecke

Partner
Head of Sector Legal FS Insurance

Heidestraße 58
10557 Berlin

Tel.: +49 30 530199 200
ukeunecke@kpmg-law.com

Rainer Krall

Senior Manager

Friedenstraße 10
81671 München

Tel.: +49 89 599 7606 1283
rkrall@kpmg-law.com

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