Bureaucracy relief and financial market digitization – What fund managers can expect in 2025

The Fourth Bureaucracy Reduction Act (BEG IV) and the Financial Market Digitization Act came into force at the turn of the year. The aim is to reduce bureaucracy by making cross-legislative adjustments. In the area of digitalization, the financial market is simultaneously experiencing the introduction of new rules, including the EU regulation DORA (Digital Operational Resilience Act).