December 16, 2020
German finance ministry’s new law to boost investment fund operations
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Source:-https://www.ipe.com The German Ministry of Finance has proposed a draft law to encourage investment fund activity in the country. The law – Fondsstandortgesetz (FoG) or the Fund Location Act – if passed, it could translate into the implementation of the Directive (EU) 2019/1160 regarding the cross-border undertakings for the collective investment in transferable securities (UCITS).