Germany’s asset management regulatory framework continues to evolve as the Standortfördergesetz (StoFöG) moves from legislative adoption into practical implementation. Changes across governance, investment scope, compliance obligations and supervisory powers are reshaping expectations for German and international asset managers, investment firms and fund structures alike.

This guide provides a practical overview of the key StoFöG developments most relevant to the investment funds and financial services industry. It highlights the changes that carry real operational, compliance and strategic implications, bringing together legislative amendments, regulatory expectations and forward-looking requirements into a single, accessible resource.

What the guide covers

• Expansion of investment opportunities, including renewable infrastructure exposure for AIFs
• BaFin’s enhanced supervisory and enforcement powers, including individual accountability
• Reforms to employee requirements, competence and reliability frameworks
• Updates to fund documentation and contractual incorporation under the BGB
• AML reporting developments and evolving EU-aligned supervisory expectations
• ESAP reporting obligations and the shift toward machine-readable regulatory data (from 2028)
• Operational and governance implications for AIFMs, UCITS ManCos and investment firms
• Key areas where firms should act now versus prepare for future implementation

Download the guide to understand what StoFöG means for your business and how to prepare effectively for the regulatory landscape ahead.