German regulator BaFin to permit UK funds to submit third-country marketing notifications before the end of the transition period

Following the end of the Brexit transition period on December 31, 2020, the UK will cease to have the benefit of the EU financial services passport regulations and UK firms will no longer have the right to distribute their funds in Germany under passporting.

In order for UK firms to be able to continue to distribute their funds in Germany in accordance with German law, UK funds must first comply with the bilateral third-country marketing notification procedure in the German Capital Investment Code.

Read the full insight by Dr. Carola Rathke here

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