In addition to agreements between countries and the amount of new debt they can take on commonly referred to as basel iiii, as well as numerous eudirectives such as the aifmdirective, numerous administrative provisions such as marisk and. Bafin guidance note severely limits intragroup exemption. Cloud outsourcing bafin deloitte legal deutschland. Guidance notice for marketing according to 320 kagb bafin. Banking regulations in germany bafin and the eu financial supervision is a complex endeavor. Aifm of the aif infringes the provisions of the kagb. Simply put, it means that payment transactions within a group of companies do not fall within the scope. Federal financial supervisory authority guidance notice on management board members pursuant to the german banking act kreditwesengesetz kwg, the german payment services supervision act zahlungsdiensteaufsichtsgesetz zag and the german capital investment code kapitalanlagegesetzbuch kagb bonn frankfurt am main, 4 january 2016 as last amended on 31. Verwaltungsgesellschaften verwalteten auslandischen aif oder euaif an. Bundesanstalt fur finanzdienstleistungsaufsicht merkblatt zu. Only a few hours after the publication of the new bafin guidance note on payment services, paytechlaw called attention to the changes that bafin has made in its interpretation of the socalled intragroup exemption the intragroup exemption can be found in art. Deutschland hat dieses abkommen im september 2016 ratifiziert14. Guidance notice 20 for marketing units or shares of eu aifs or domestic special aifs spezialaif managed by an eu aif management company to semiprofessional and professional investors in the federal republic of germany pursuant to section 323 of the investment code kapitalanlagegesetzbuch kagb. Merkblatter merkblatt zum vertrieb nach 330 kagb bafin.
1282 213 672 854 1190 304 1409 437 846 736 378 1481 113 829 868 205 1126 192 297 1544 1014 596 1361 398 321 144 1085 524 509 608 266 1006 114 521 69 127 461 1298