Guidance Notice: The statutory definition of the operation of a multilateral trading facility in accordance with section 1 (1a) sentence 2 no. 1b of the German Banking Act (Kreditwesengesetz – KWG)

Law English Banking

Date: 22nd Nov, 2023 Source: Federal Financial Supervisory Authority Country: Germany Original Source

Brief

Clarifies the legal definition and regulatory requirements for operating a multilateral trading facility in Germany.

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Guidance Notice: The statutory definition of the operation of a multilateral trading facility in accordance with section 1 (1a) sentence 2 no. 1b of the German Banking Act (Kreditwesengesetz – KWG)

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Guid­ance No­tice: The statu­to­ry def­i­ni­tion of the op­er­a­tion of a mul­ti­lat­er­al trad­ing fa­cil­i­ty in ac­cor­dance with sec­tion 1 (1a) sen­tence 2 no. 1b of the Ger­man Bank­ing Act (Kred­itwe­sen­ge­setz – KWG)

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Guidance Notice: The statutory definition of the operation of a multilateral trading facility in accordance with section 1 (1a) sentence 2 no. 1b of the German Banking Act (Kreditwesengesetz – KWG)