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Be Aware Germany: Employment law newsletter
Be Aware Extra - July 2012
17 July 2012
by Bernd Borgmann, Andreas Imping, Kai Bodenstedt, Pascal R. Kremp, Volker von Alvensleben, Jens Kirchner, Michael Magotsch
In April 2011, the so-called Investor Protection and Functionality Improvement Act (Anlegerschutz- und Funktionsverbesserungsgesetz – AnsFuG) has been passed.
Hereby, the German legislative body transcribed various amendments of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG) in order to improve the quality of financial services, in particular investment advisory due to the complaints and damages becoming public in the course of the financial crisis in 2008.
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