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Publication of draft bill on the Fund Risk Limitation Act

On 8 August 2025, the draft bill of the “Fund Risk Limitation Act” (Fondsrisikobegrenzungsgesetz– FRiG) was published. With the draft bill, the legislator launches a new attempt to implement the European requirements of the AIFM Directive II (so-called AIFMD II) into German law. Implementation in Germany is primarily being carried out through amendments to the German Capital Investment Act (Kapitalanlagegesetzbuch – KAGB).

Authors: Uwe Bärenz, Tarek Mardini, Dr. Stephan Schade, Dr. Tobias Lochen, Dr. Philip Schwarz van Berk, Dr. Robert Eberius, Dr. André Blischke, Ronald Buge, Dr. Peter Bujotzek, Dr. Andreas Gens, Dr. Jens Steinmüller, Amos Veith, Dr. Enzo Biagi, Dr. Annemarie Bork