Rules of conduct

Because of their special duties as trustees, asset manager and funds are subject to strict regulations. In addition to the statutory requirements, a code of conduct jointly developed by the BVI and its members, the Code of Conduct, has applied to the fund industry since 2003. The principle of 'comply or explain' applies to these standards: asset manager apply them voluntarily, but must inform their investors whether and to what extent they comply with the conduct of business rules. If they deviate from the standards, they must disclose and justify this.

Rules of conduct (available in German only)

More from BVI

Positions

Here you will find all our points of view and statements at a glance.

more
© iStock.com/imaginima

The fund industry

Find out why funds are important for business and society.

more
© iStock.com/artisteer

Members

In terms of assets under management, the BVI member companies together cover over 95 percent of the German market.

more
© iStock.com/grandriver
Combined Shape Created with Sketch.