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Germany · Question · Schriftliche Frage

19/4421

Legality of prospectus clauses and calculations regarding performance fees of capital management companies

openGermany· German Bundestag· DE

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21 September 2018

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Beantwortet

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Discovery layer

Source updated

16 January 2025

Summary

Original text of the question(s):<br /> <br /> What were the results of the last request from the BMF or the Federal Financial Supervisory Authority (BaFin) to capital management companies based in Germany to check whether their prospectus clauses and corresponding calculations regarding performance fees are in accordance with applicable law or BaFin requirements (such as model clauses, etc.) (as, for example, the bank of Ireland does: www.fondsprofessional.de/news/vertrieb/headline/aufseher-geht-gegen-performance-fee- abzocker-vor-146415/), and if not, when is such a review planned?

Machine translation from German. The official text remains authoritative.

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