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Clifford Chance

Clifford Chance
Briefings

Briefings

Reform of Germany's Capital Markets Model Case Act creates additional burdens for companies

18 July 2024

On 5 July 2024, Germany's Federal Council (Bundesrat) passed the "Second Act to Reform the Capital Markets Model Case Act" ("KapMuG") adopted by the Federal Parliament (Bundestag). The Act is scheduled to enter into force in good time before expiry of the previous version on 31 August 2024.

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