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VermAnlG-EN 🇩🇪

VermAnlG-EN · 46 sections

Section 1Scope of application and definitions Section 2Exemptions for individual kinds of asset investment Section 2aExemptions for crowdfunding Section 2bExemptions for social projects Section 2cExemptions for non-profit projects and religious communities Section 2dRight of withdrawal Section 3Supervision, power to issue orders Section 4Duty of confidentiality Section 5Notification and service Section 5aTerm of asset investments Section 5bAsset investments not admitted Section 5cControl of the use of funds Section 6Duty to publish a sales prospectus Section 7Content of the sales prospectus; authorisation to issue statutory instruments Section 8Approval of the sales prospectus Section 8aValidity of the sales prospectus Section 9Period and form of publication Section 10Notification of the end of the public offer and of full redemption Section 11Publication of supplementary particulars Section 11aPublication obligations after the end of the public offer; authorisation to issue statutory instruments Section 12Advertising for asset investments Section 13Asset investment information sheet Section 13aPeriod and form of publication of an asset investment information sheet Section 14Deposit of the sales prospectus and the asset investment information sheet, and the form of submission to BaFin Section 15Investor information Section 15aAdditional particulars Section 16Prohibition of advertising Section 17Prohibition of publication Section 18Prohibition of the public offer Section 19Duties to provide information to BaFin Section 20Liability for a defective sales prospectus Section 21Liability for the absence of a sales prospectus Section 22Liability for an inaccurate or missing asset investment information sheet Section 23Preparation and disclosure of annual reports Section 24Content of annual financial statements and management reports Section 25Audit and confirmation of the statutory auditor Section 26Shortening of the commercial-law disclosure period Section 26aImmediate enforcement Section 26bPublication of measures Section 26cPublication of decisions imposing fines Section 27Section 27 Section 28Criminal provisions Section 29General provisions on administrative fines Section 30Provisions on administrative fines for accounting Section 31Provisions on coercive fines Section 32Transitional provisions

Section 27

Section 27

(repealed)

← Previous Section 26c Publication of decisions imposing fines Next → Section 28 Criminal provisions

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