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.
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.
All the best for 2021
The entire vdp team wishes you a happy new year and all the best, especially health, of course.
Season’s Greetings, Pfandbrief!
It was on Christmas Eve of 1770 that the first agricultural Pfandbrief was issued, based on the “cabinet order” that Frederick the Great passed in 1769.
Climate policy: Pfandbrief banks welcome Renovation Wave
Last Wednesday the EU Commission published its strategy paper for a Renovation Wave to improve the energy efficiency of buildings.