BRUBEG – New Fit & Proper Requirements
The BRUBEG does not merely make selective adjustments to the existing Fit and Proper requirements under German supervisory…
BRUBEG – New Fit & Proper Requirements
The BRUBEG does not merely make selective adjustments to the existing Fit and Proper requirements under German supervisory…
9th MaRisk Amendment: Genuine Reduction of Bureaucracy or Merely Cosmetic Changes? | ALLES LEGAL #132
Fewer pages, greater flexibility – but also less clarity? In this episode of Alles Legal, find out what the 9th MaRisk amendment really means for banks.
EUDI Wallet in the Draft Digital Identity Act (DIdG): Overview and Assessment from a Financial Sector Perspective
On 26 March 2026, the German Federal Ministry for Digital Affairs and State Modernisation published a draft bill…
Escrow Agreements under DORA: Requirements for an Effective Resilience Instrument
Escrow agreements under DORA are considered a key instrument for mitigating critical ICT dependencies. But when are they truly effective? This article explains why standard solutions often fall short and what really matters in practice.
BaFin consults on the 9th MaRisk amendment: enhanced proportionality, reduced complexity
The 9th MaRisk amendment signals a paradigm shift in banking supervision: less detailed regulation, stronger risk orientation and enhanced proportionality. New institutional categories and consolidated requirements increase flexibility but require robust risk assessment and documentation.
EU AML Regulation 2027: How companies can build AML readiness now | ALLES LEGAL #131
The AML Regulation will fundamentally harmonise AML rules across the EU. While this creates consistency, it also requires firms to revisit and adapt their existing compliance frameworks.
AML in Professional Football: What Specific Obligations Will Apply in Future
The new EU Anti-Money Laundering Regulation (AML Regulation) brings professional football systematically into the scope of AML compliance for the first time. Clubs and intermediaries must implement robust risk assessments, governance structures and KYC processes. This article outlines the key obligations and their practical impact, particularly in high-risk areas such as transfers, sponsorship and investor relations.
BRUBEG – What Third Country Branches Must Now Consider
BRUBEG fundamentally reshapes the supervision of third country branches in the EU. This article explains the new requirements for third country branches, outlines the risk-based classification system and highlights when establishing an EU subsidiary may become necessary. A concise overview for third-country institutions targeting the EU market.
Decree of the tax authorities on the VAT treatment of the purchase and sale of multi-purpose vouchers in distribution chains
A new tax authority decree provides clarity on the VAT treatment of multi-purpose vouchers in distribution chains – with significant practical implications. Businesses must reassess margin taxation and contractual structures. This article outlines the key developments, critical aspects and required actions.
Electronic Court Mailbox for All Credit Institutions: The Bundestag Digitises Enforcement – And This Time, It Means Business
Today, 19 March 2026, the Bundestag is voting on the Act on the Further Digitalisation of Enforcement Proceedings. And this Act contains a short-notice amendment with significant impact – one that was not even remotely envisaged in the original government draft, but was only introduced yesterday via an amendment by the coalition parliamentary groups in committee.
Third-Party Providers in AML: Outsourcing, Responsibility & New EU Requirements | ALLES LEGAL #130
Episode #130 examines the evolving role of third-party providers under the new EU AML framework. It highlights increasing in-house responsibility, new limits on outsourcing, and the impact on KYC processes and identity verification, including developments around video identification and eIDAS.
The EU’s Market Integration Package: an ambitious attempt to turn Europe’s savings into Europe’s growth
The EU aims to channel Europe’s large savings into productive investment. With the Market Integration Package, the European Commission seeks to deepen capital market integration, facilitate cross-border activities and strengthen ESMA’s role. The article outlines the key legislative proposals and discusses the debate around more centralised financial supervision in the EU.
Sanctions and AML: How Compliance in the Financial Sector Is Changing | ALLES LEGAL #129
Financial sanctions have become part of everyday compliance work in the financial sector. Since the sanctions imposed against Russia and the rise of geopolitical tensions, their relevance has increased significantly. In this episode, Dana Wondra speaks with Sebastian Glaab about why sanctions must now be more closely integrated into financial institutions’ risk management systems.
BRUBEG – Overview of the New Regulatory Supervisory Regime in Germany
With the Banking Directive Implementation and Bureaucracy Relief Act (BRUBEG), Germany implements CRD VI and introduces significant changes to banking supervision. Key developments include new rules for third-country branches, fit-and-proper requirements, ESG risks and M&A transactions in the banking sector. This article provides a concise overview of the most important changes.