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Management Companies & AIFMs in Germany: Navigating FRiG, Substance, and Delegation under AIFMD II

Management Companies & AIFMs in Germany: Navigating FRiG, Substance, and Delegation under AIFMD II

On April 16, 2026, Germany’s Fund Risk Limitation Act (FRiG) brought sweeping changes for management companies and AIFMs, reshaping regulatory substance, delegation, and risk management under the updated AIFMD II. This article explores the latest German requirements, BaFin’s supervisory priorities, and practical implications for fund sponsors and third-party ManCos.

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