Germany continues to be an attractive location for foreign banks, but the registration process, regulatory requirements as well as the tax and legal environment for new entrants still differ from country to country.
This newly revised 4th edition provides a comprehensive overview of all matters relevant for foreign banks considering whether to establish a subsidiary or a branch in Germany.
Banking Business in Germany also outlines in detail the structure of the banking industry in Germany, the relevant reporting requirements, employment relations and auditing issues. This new edition now also provides specific guidance on what has to be done in response to new capital requirements as well as a special chapter on minimum requirements for risk management.