Germany continues to be an attractive location for foreign banks. The 4th edition of “Banking Business in Germany” provides a comprehensive overview of all matters relevant for foreign banks considering whether to establish a subsidiary or a so called EU or non EU branch in Germany. This includes the regulatory requirements as well as the tax and legal environment for new entrants.
The book also outlines in detail the structure of the banking industry in Germany, the relevant reporting requirements, employment relations and auditing issues. Furthermore, the 4th edition 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.