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Capital Markets Germany Small and Medium-Sized Enterprises (SMEs)

A&O Shearman

Regulatory Monitoring - August 2025

A&O Shearman on

Our monthly regulatory newsletter monitors all relevant developments regarding German and European regulatory law in English language. BMF: Draft bill for the Banking Directive Implementation and Bureaucracy Relief Act...more

Mayer Brown

BaFin Provides Guidance on Accelerated Review of Equity Prospectuses

Mayer Brown on

In line with broader efforts to remove procedural deterrents from issuers engaging in securities offerings, for about the past year, the German Federal Financial Supervisory Authority (Bundesanstalt für...more

Morrison & Foerster LLP

Update Kapitalmarkt- und Gesellschaftsrecht: Das Zukunftsfinanzierungsgesetz

Mit dem Gesetz zur Finanzierung von zukunftssichernden Investitionen (Zukunftsfinanzierungsgesetz – ZuFinG) will die Bundesregierung den Finanzstandort Deutschland stärken und Start-ups, Wachstumsunternehmen sowie kleinen und...more

A&O Shearman

The Financing for the Future Act: Reforms for German ECM transactions

A&O Shearman on

The Financing for the Future Act came into force on 15 December 2023. The significant reforms to stock corporation and capital market law increase flexibility in German ECM transactions. Overview of the key changes - ...more

White & Case LLP

German Government publishes key points to improve the German capital market

White & Case LLP on

The German capital market needs to be modernized to remain efficient and competitive. Therefore, the German Government published a paper outlining a German Future Financing Act (Zukunftsfinanzierungsgesetz)1 on 29 June 2022,...more

Morrison & Foerster LLP

Update Capital Market Law: Amendment Of The Market Abuse Regulation

For the first time since the Market Abuse Ordinance ("MAR") came into force in July 2016, changes to the MAR came into force on January 1, 2021, bringing practical relief for issuers, especially those in the Scale segment...more

White & Case LLP

Update on the Status of Initial Coin Offerings in Europe

White & Case LLP on

With crypto-currencies on the rise and technological developments providing great opportunities in the financial services sector, Initial Coin Offerings ("ICO") provide an innovative way of raising capital. They are...more

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