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.
This information is intended as a general overview and discussion of the subjects dealt with. The information provided here was accurate as of the day it was posted; however, the law may have changed since that date. This information is not intended to be, and should not be used as, a substitute for taking legal advice in any specific situation. DLA Piper is not responsible for any actions taken or not taken on the basis of this information. Please refer to the full terms and conditions on our website.
Copyright © DLA Piper. All rights reserved.