63-32 Securities Trading Act (Securities Trading Act - WpHG)

Summary

This document is concerned with the German Securities Trading Act which was last amended by Article 8 paragraph 1 of the law of December 9, 2020 .

Issuer

Germany

Year

2020

Region

Europe

Issuer (type)

Federal Ministry of Justice (Bundesministerium der Justiz) (Government)

Instrument type

Act

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Restrictiveness
- High 1.02%
Restrictions on business
- Moderate 0.09%
ESG
- E focus: energy, forests, greenhouse gas, emissions
- S focus: systemic risk, compensation
- G focus: audit, corruption, financial report, financial reporting, internal control, risk management, accountability
Sustainable Development Goals
GRI standards
Main industries targeted
- Administrative services, Finance, Management, Manufacturing, Professional services, Public administration, Retail trade