Electronic Registry: eWpG — German Electronic Securities Act

On May 5th, 2021, the committee meeting, chaired by Katja Hessel (FDP), and the coalition factions of the CDU / CSU and SPD, as well as the FDP faction, voted in favor of the federal government’s bill (19/26925) to introduce electronic securities in Germany and has been forwarded to the Bundesrat (approval expected on May 28, promulgation and entry into force expected in June/July).