GRI

Law on the Digitalization of the Financial Market (Financial Market Digitalization Act – FinmadiG)

Bill Financial services PLANNED
Date: 18th Dec, 2024 Source: German Parliament Country: Germany Original Source

Brief

The "Law on the Digitalization of the Financial Market (Financial Market Digitalization Act - FinmadiG)" has been proposed by the German Parliament on 18/12/2024. This bill aims to digitalize the financial market in Germany, implementing EU regulations and establishing a new framework for the supervision of crypto-assets, while strengthening trust in digital financial infrastructures, enhancing digital resilience, and counteracting money laundering risks.

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German Parliament

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