Beck C. H. KAGB: Kapitalanlagegesetzbuch. Kommentar

In addition to traditional open investment assets - unlike its predecessor, the InvG - the KAGB also regulates the entire area of closed investment assets and aims to subject the entire area of collective investment forms to coherent regulation. The 3rd Edition builds on the 2nd positively received by practice and science. and strengthens the attention to the EU regulations directly applicable in Germany, whose importance is constantly increasing. The work is on the status of the KAGB after the entry into force of the Fund Location Act and deals with numerous topics relevant to practice, such as the scope of the KAGB based on the concept of investment assets the demarcation between open and closed funds eligible assets for open and closed funds including the new rules for credit funds Allowed legal forms for open and closed funds Depositary Requirements Organizational and conduct obligations for capital management companies including their compensation systems Valuation and accounting rules Distribution of domestic and foreign funds The full practical commentary gives the perfect advice in investment law with reference to the relevant implementation and implementation provisions at European and national level such as: Implementing Regulations of the EU Commission Technical regulatory standards of the EU Commission. ESMA Guidelines Regulations, interpretation decisions and FAQ of BaFin Advantages at a glance: Comprehensive commentary on the KAGB and the relevant EU regulations. BaFin management practice at a glance To reissue The commentation of the 3rd Edition is up to date of the legal situation as of January 1, 2023 The new regulations of the Fund Location Act, especially on pre-marketing, are presented in detail and critically appreciated. The relevant provisions of the law to further strengthen investor protection are commented on The commentation deals with the now possible issue of electronic fund share notes. Consideration of the IFD_UmsG, the law for further strengthening investor protection, the risk reduction law and the swarm financing accompanying law. Target group for domestic and EU management companies, credit institutions at home and abroad, administrators and depositaries, investors, lawyers, auditing, asset management, supervisory and financial authorities, banking and fund associations.