Germany's central bank and regulator tighten Spezialfonds investment guidelines.
M2 EQUITYBITES-October 3, 2023--Germany's central bank and regulator tighten Spezialfonds investment guidelines
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Global Banking News - 03 October 2023
German financial supervisory authority, BaFin and the nation's central bank, Bundesbank, have announced guidelines for banks when they invest in Spezialfonds.
The regulators have stipulated that lenders need to hold a maximum 5 percent of investments in the vehicles on their balance sheets. The regulators also said that lenders should consider the aggregate holdings from direct business and fund business when considering individual issuers.
Spezialfonds are a type of...
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