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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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23.07.2026 | In the media

Statement by KPMG Law experts on Südwestrundfunk (SWR) regarding the GKV Savings Act

On the TV program ” SWR Aktuell Rheinland-Pfalz,” KPMG Law hospital expert Harald Maas discusses the GKV Savings Act and the growing financial pressure…

21.07.2026 | In the media

KPMG Law Guest Article in SpringerProfessional: Strategically Managing Geopolitical Supply Chain Risks

Global supply chains and international business models are under pressure as never before: Geopolitical tensions, industrial policy initiatives, and stricter foreign trade regulations are rapidly…

17.07.2026 | KPMG Law Insights

New Packaging Implementation Act tightens obligations for companies

  Co-author: Séverine Sieprath, Director of Audit, KPMG AG Wirtschaftsprüfungsgesellschaft   The Packaging Implementation Act (VerpackDG),…

17.07.2026 | KPMG Law Insights

Action Plan Against Tax Crime: Voluntary Disclosure Allowing for Immunity from Prosecution to Be Abolished

Tax and financial crime will be prosecuted more rigorously in Germany going forward. On July 16, 2026, Federal Minister of Finance Lars Klingbeil and Federal…

15.07.2026 | In the media

KPMG Law Guest Post on the DVNW Procurement Blog: Section 97a of the German Act Against Restraints of Competition (GWB): Slight Relief for Lump-Sum Contracts

On July 1, 2026, the Act on Accelerating the Award of Public Contracts—the Public Procurement Acceleration Act, for short—entered into force. A key change is…

15.07.2026 | In the media

KPMG Law Statement on “tagesschau”: Recycled Building Materials Rarely Used Despite Shortages

Gravel, sand, and crushed stone are becoming scarce and more expensive. Recycled construction materials could help. But despite advanced technology, there are major hurdles, especially…

15.07.2026 | In the media

KPMG Law Statement in *Private Banking* Magazine: How the ECB Plans to Launch the Digital Euro

The banking industry is awaiting the ECB’s decision on which institutions will be selected for the digital euro pilot project. From Germany, Deutsche Bank, Helaba,…

09.07.2026 | In the media

Op-Ed in *Versicherungsmagazin*: D&O Insurance—A Legal Safety Net in Turbulent Times

Liability risks for executives are increasing significantly: New regulatory requirements such as NIS-2, CSRD, and the Supply Chain Act are expanding the responsibilities of managing

02.07.2026 | KPMG Law Insights

Registered mail with return receipt no longer provides proof of delivery—here are some alternatives

Registered mail with return receipt, when used as part of electronic documentation, no longer constitutes prima facie evidence of a…

02.07.2026 | Deal Notifications

KPMG Law advises the Prinzhorn Group on the acquisition of Stora Enso’s German facilities

KPMG Law has advised Mosburger GmbH, a subsidiary of Dunapack Packaging and part of the Austrian Prinzhorn Group, on the acquisition of Stora Enso’s German…

Contact

Dr. Ulrich Keunecke

Partner
Head of Sector Legal FS Asset Management
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

© 2026 KPMG Law Rechtsanwaltsgesellschaft mbH, associated with KPMG AG Wirtschaftsprüfungsgesellschaft, a public limited company under German law and a member of the global KPMG organisation of independent member firms affiliated with KPMG International Limited, a Private English Company Limited by Guarantee. All rights reserved. For more details on the structure of KPMG’s global organisation, please visit https://home.kpmg/governance.

KPMG International does not provide services to clients. No member firm is authorised to bind or contract KPMG International or any other member firm to any third party, just as KPMG International is not authorised to bind or contract any other member firm.

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