Germany - Bank Restructuring Legislation Enters into Force
- A.A. Lange; F. Schäfer
- Derivatives & Financial Instruments, 2011 (Volume 13), No 1
- 27 January 2011
In an attempt to address concerns that arose during the recent worldwide financial crisis, the German Restructuring Act has entered into force. This article considers the provisions of this new legislation and their potential impact on the banking sector.