BaFin Market Survey on MiFID II
BaFin published a market survey on 6 April 2016 which allows industry associations, market participants and financial services companies to raise questions and possible solutions regarding MiFID II (Markets in Financial Instruments Directive II), the MiFIR (Markets in Financial Instruments Regulation) and MAR (Market Abuse Regulation) directly to the BaFin. The questions may be included in BaFin FAQ’s and can be forwarded to ESMA (on a no name basis) for further clarification.
Download the survey form to be completed.
BaFin Publishes Expert Article on Supervisory Colleges Under EMIR
Supervisory colleges (supervisory boards comprised by members of, inter alia, various relevant supervisory authorities) are a significant element of the supervisory framework overseeing central counterparties (CCPs) which are clearing systems for certain OTC-derivatives. The English article explains the purpose of supervisory colleges for CCPs under a European regime, their underlying laws and regulations, their organization and duties. There is now one college for every one of the 18 CCPs domiciled in the European Union. Each college is chaired by the CCP's competent authority. In Germany, there are two colleges for central counterparties: one for the CCP Eurex Clearing AG (Eurex Clearing), which BaFin authorized in cooperation with the European college on 10 April 2014, and one for CCP European Commodity Clearing AG (ECC), authorized on 11 June 2014.
Read the full article.
Latest Investment Fund Statistics for Germany
The German Investment Fund Association BVI has issued its latest investment statistics report dated 29 February 2016, giving an overview of the net assets and net sales within the German investment fund and asset management markets. The statistics are broken down by asset class and provider. They provide information on net assets and net inflows of investment funds and assets outside investment funds.
View the full statistics for Germany.
