MIL-OSI Translation: BaFin consults draft ordinance


MIL OSI translation. Region: Germany/Germany –

Source: Federal Financial Supervisory Authority

Changes to the KAVerOV are only limited to those cases in which they do not affect the Delegated Regulation (EU) No. 231/2013 (AIFM-Level 2-VO) or the regulations in this do not correspond to the changes made by the Delegated Directive (EU) 2021/1270.

Due to the ordinance amending the KAVerOV, capital management companies of public investment funds have to take sustainability risks into account in their proper business organization and in their risk management. You must have the necessary resources and expertise to do this.

BaFin will issue statements by June 8, 2022 opposite. The consultation takes place exclusively in the written procedure.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

MIL Translation OSI