News & Analysis as of

Small and Medium-Sized Enterprises (SMEs) Germany

Morrison & Foerster LLP

Current developments in ESG obligations in the EU: Omnibus Regulation and EU Deforestation Regulation

In the EU, the new year brings on the one hand hope for relief regarding ESG reporting and disclosure obligations (I. below). On the other hand, the EU Deforestation Regulation (EUDR) will create new burdens for many...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

McDermott Will & Emery

IPEM 2022 | Key Takeaways

McDermott Will & Emery on

After an insightful conference in Cannes, our partners have compiled some of the key takeaways from IPEM 2022. As well as exploring the private equity landscape in the UK, Germany, France and Italy, we also explore the...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

K&L Gates LLP

The Enforcement of Abuse of Economic Dependence in the EU

K&L Gates LLP on

INTRODUCTION - Behaviors such as excessive pricing and refusal to supply are often well understood to create potential issues if the company is dominant. However, under the national laws of some EU member states, such conduct...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

Hogan Lovells

An overview of EU and German federal financing measures for companies responding to COVID-19

Hogan Lovells on

In response to the economic effects of the COVID-19 pandemic and market uncertainty, plethora of financing measures was introduced at EU level and German federal level. In their joint effect, these measures are aimed at...more

Morrison & Foerster LLP

Association Sanctions Act: Legislative process Is progressing

The comprehensive reorganization of the sanctioning of companies for company-related criminal offenses through an Association Sanctions Act (“ VerSanG ”) is drawing closer. The Federal Council approved the federal...more

White & Case LLP

German Government Enacts Economic Measures for Start-Ups

White & Case LLP on

The Federal Government of Germany announced measures to support Start-Ups, smaller and growing businesses during the COVID-19 crisis....more

Hogan Lovells

Germany`s €1bn Fund to foster greater investment in Africa

Hogan Lovells on

German business leaders have hailed Angela Merkel’s most recent pledge of €1bn to a development fund for Africa, with a view to tackle the massive unemployment on the continent, as an important and historic step forward. ...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

Jones Day

Deutsche Börse Introduces New Exchange Segment Scale

Jones Day on

On 1 March 2017, Deutsche Börse AG, the operator of the Frankfurt Stock Exchange, launched Scale, a new market segment for small and medium-sized enterprises ("SMEs"). Scale replaces Deutsche Börse's former market segment...more

K&L Gates LLP

Brussels Regulatory Brief: September/October

K&L Gates LLP on

On 11 September, TeliaSonera and Telenor have abandoned the proposed merger of their business units in Denmark. The contemplated transaction would have resulted in the establishment of a joint venture active in the provision...more

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