On 29 October 2025, the German government adopted the draft law on limiting the risks posed by investment funds and implementing further EU directives (Fund Risk Limitation Act – FRiG) and formally introduced the draft law into the legislative process by forwarding it to the Bundesrat on 7 November 2025. Compared to the draft bill, the ministerial draft of the FRiG contains significantly less national gold-plating and some welcome clarifications….

















