The document discusses various financial activities and their exemptions under regulatory frameworks, specifically in relation to MiFID II and the German Banking Act. It outlines conditions under which certain trading activities are exempt from proprietary trading prohibitions and highlights the need for amendments once new regulations come into force.
documents/vol00010-efta01363153-pdf.pdf
{"document_type":"correspondence","document_subtype":"internal memo","key_organizations":["European Parliament","Council","German Banking Act"],"reference_numbers":["WM178929 025888.070317","DB-SDNY-0053049","SDNY_GM_00199233","EFTA01363153"]}