Skip to main content

  • AddRemove
  • Build a Report 
Legal Update

Development of German Mortgage Bond (Pfandbrief) Legislation

30 April 2009
Mayer Brown Legal Update

Germany's new Mortgage Bond Act came into force on March 26, 2009 and it will be accompanied by a series of changes to other legislation governing the capital markets.

In addition to the comprehensive changes introduced by the Mortgage Bond Act, the German Banking Act (or KWG) will also be amended to take into account changes to the regulation of the Refinance Register. The legislative amendments will expand on the Refinance Register provisions which were introduced into the KWG in 2005 and will enable German credit institutions to use the Register to strengthen their international standing in the market. Credit institutions will also have the option to use the amended German supervisory law as an alternative to English Trust Law.

Get the Full Report

For inquiries related to this Client Alert, please contact:

Dr. Simon Grieser, Partner, +49 69 79 41 1301,
Dr. Ralf Hesdahl, Partner, +49 69 79 41 1171,
Dr. Jörg Wulfken, Partner, + 49 69 79 41 2951,

The Build a Report feature requires the use of cookies to function properly.  Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently.  If you do not accept cookies, this function will not work.  For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.