1st Funds Forum Frankfurt

The amendments to the Investment Act
(Die Änderungen des Investmentgesetzes)

The Act Amending the Investment Act and Adjusting Other Regulations (Investment Amendment Act), which came into force on December 28, 2007, serves to strengthen Germany as an investment fund location. According to the explanatory memorandum to the Act, the aim of this Act was to increase the international competitiveness of the fund industry with a modern and efficient regulatory and supervisory framework, to promote innovative activity and to counteract the migration of fund assets to other locations, without neglecting the important and necessary investor protection. The topics of the forum were therefore the new provisions of the Investment Act, taking into account the implementation of the aforementioned objectives, and the opportunities for practical implementation resulting from the new provisions.

First of all, Mr. Uwe Wewel, Head of the Investment Department at the Federal Ministry of Finance, and Patricia Volhard, P+P Pöllath + Partners, Frankfurt, spoke about the new regulations of the Investment Act and the structuring possibilities for practice. Panelists and guests of the auditorium then discussed the new legal regulations and the associated effects on practice.

Speakers:

  • Uwe Wewel (ehem. Leiter des Referates Investmentwesen im BMF)
  • Patricia Volhard (ehem. POELLATH, Frankfurt)

Panel:

  • Dr. Matthias Höninger (ehem. Bundesanstalt für Finanzdienstleistungsaufsicht)
  • Frank Dornseifer (Leiter Recht & Policy, Bundesverband Alternative Investments e.V.)
  • Dr. Sven Zeller (Clifford Chance, Frankfurt)
  • Gilles Dusemon (Loyens & Loeff, Luxemburg)

Moderation:

  • Prof. Dr. Matthias Casper (Westfälische Wilhelms-Universität Münster)