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New German Legislation Paves the Way for Debt Funds
30 March 2016
View Client Update
New German legislation allows loan origination by debt funds without the requirement to obtain a banking license.
German funds that engage in loan origination business are subject to additional requirements, including leverage limitations and risk management requirements.
Non-German EU funds and permitted non-EU funds also benefit from the elimination of the banking license requirement, without the need to comply with the additional requirements applicable to German funds.
Dr. Thomas Schürrle
Philipp von Holst
UK Modern Slavery Act Transparency Statement
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