Welcome to our News area. In our news ticker section we inform you about relevant changes in the business environment for German Pfandbrief banks, report on events, and keep you up to date with the latest developments within the Association.
“This could be the beginning of the end of ultra-loose monetary policy”
vdp comments on yesterday’s ECB decision and calls for further steps
vdp entered in Lobbying Register
The Lobbying Register Act (Lobbyregistergesetz, LobbyRG) entered into force on 1 January 2022. Lobbyists are required to register with the new Lobbying Register by the end of February. vdp has already met this requirement and therefore has registered on time.
“Scope and severity of macroprudential measures are unjustified”
The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) is planning macroprudential measures at an unfortunate time and to an extent that is incomprehensible.
German Electronic Securities Act enters into force
Digitalisation continues to progress within the financial sector, and has recently also reached the area of securities issuance. Before digital solutions can be implemented in this area, however, the corresponding legal framework needs to be adjusted.
Pfandbrief Act amendment marks milestone
The German Bundestag (Lower House) today passed the German CBD Implementation Act, which transposes the European Covered Bonds Directive into German law, thereby driving the European harmonization of covered bonds forward. The main impetus behind this harmonization has been generated by the German Pfandbrief Act.