Germany's Federal Financial Supervisory Authority has launched a consultation on draft amendments to the regulation governing audit reports for capital investments. The changes would expand the scope of audits and the required content of audit reports for capital management companies and the investment funds they manage, mainly to reflect new legal requirements on lending for the account of investment funds introduced through the Fund Risk Limitation Act, which implemented Directive (EU) 2024/927. The draft also updates audit requirements linked to several European Union regulations, including the Digital Operational Resilience Act, the Securities Financing Transactions Regulation, the Benchmark Regulation and the Sustainable Finance Disclosure Regulation. In addition, it introduces audit obligations for registered capital management companies, makes editorial and clarifying changes, and aligns reporting on anti-money laundering duties under the Money Laundering Act with the reporting framework used for credit institutions. Comments on the draft may be submitted until 31 July 2026. BaFin said the consultation will be conducted only in writing and no hearing is planned afterward.
BaFin2026-06-30
Germany's Federal Financial Supervisory Authority launches consultation on amendments to investment audit reporting rules
Germany's Federal Financial Supervisory Authority is consulting on amendments to investment audit reporting rules for capital management companies and managed funds. The draft reflects new fund lending requirements and adds or updates audit obligations tied to DORA, SFTR, the Benchmark Regulation, SFDR and anti-money laundering reporting. Comments are due by 31 July 2026.