International Investment takes a look at how German fund regulation has been updated over the last year
1. 4th Law on Promotion of Financial Markets Amending the German Investment Companies Act Hopes are high among German fund managers that the current debate in parliament of the fourth law on promotion of financial markets will lead to a timely adoption of the government's proposals for the reform of the German Investment Companies Act (Gesetz über Kapitalanlagegesellschaften (KAGG)) by mid-2002. Overall the changes aim at broadening the range of available products and to allow for more investor choice. Unlike the last major amendment of the KAGG in 1998, the law will not include new f...
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