August 2008 - On 25 July 2008 the German Federal Ministry of Finance submitted the draft ordinance on the Amendment of the German Ordinance on the Investment of the Restricted Assets of Insurance Companies (Investment Ordinance – "InvO") to interested industry associations. The Ministry invited the associations to comment on the draft by 11 September 2008. The entry into force of the amended Investment Ordinance is expected shortly after completion of the consultation, but in any event in the course of this year.