Insights

In the court ruling dated April 16, 2024 (Ref. VIII R 3/21, published on July 18, 2024), the Federal Fiscal Court (BFH) affirmed its jurisprudence on the classification of disproportionate profit allocations (Carried Interest) in closed-ended funds. The BFH extended the considerations made in...

With the Digital Operational Resilience Act ("DORA") - Regulation (EU) 2022/2554 (available here), the EU has established a legal framework to strengthen the stability, security and resilience of digital services in order to protect consumers and the financial sector from cyber threats. DORA...