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White Paper

Banking License Requirement

6 May 2009
Mayer Brown White Paper
Since the conduct of certain banking and financial services related activities within Germany requires a banking license pursuant to Section 32 of the German Banking Act (Gesetz über das Kreditwesen, "KWG") acquiring such a license for many investors is a crucial step on their way into the German market. We have prepared a summary of the conditions for granting a banking license within Germany.
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