Gesetz zur Umsetzung der Richtlinie 2009/65/EG zur Koordinierung der Rechts- und Verwaltungsvorschriften betreffend bestimmte Organismen für gemeinsame Anlagen in Wertpapieren

This law implements EU Directive 2009/65/EC into German national law. It aims to coordinate the laws and regulations governing Undertakings for Collective Investment in Transferable Securities (UCITS), ensuring a harmonized framework for the management and sale of investment funds across the EU. This affects investment fund managers, financial institutions, and retail investors. It ensures higher standards of investor protection and allows funds to be marketed more easily across different EU member states.