Latest Articles

The German banking market is on the move. This presents opportunities for foreign investors who would like to enter the German financial market. However, in order to acquire an interest in a German financial institution, i.e. credit or financial services institution, an investor has to comply with a couple of specific regulatory requirements. To continue reading, please click here to view the entire Reed Smith Client Alert.…
Bavarian Privacy Watchdog Fines Seller and Purchaser for Personal Data Transfer On 30 July 2015, one of Germany’s State Data Protection Authorities (DPA) announced that it will put asset deals which involve the transfer of personal data under special surveillance. The reason for the announcement was a case where the DPA had recently fined both seller and purchaser for unlawfully transferring customer data as part of an asset deal. Click here to read the issued…