Deloitte "Legal Update" Webcast #2/2026: The Secondary Credit Market Act after Two Years: What Works? What Needs to Change?

Since the end of 2023, the German Secondary Credit Market Act (KrZwMG) has regulated the trading of non-performing loans in Germany.

After two years of practical application, the picture is becoming clearer: initial contractual standards have emerged, new challenges have arisen – and the market continues to evolve.

Market participants are faced with the following questions, among others:

• Which contractual provisions have proven effective in practice?
• Where does uncertainty remain and where is adjustment needed?
• How can credit servicers efficiently meet extensive organizational and reporting obligations?

Our Webcast:

In our webcast, our Financial Services experts Dr Simon G. Grieser and Dr Anselm Reinertshofer will provide you with a compact overview of current developments and share their insights from advisory practice.

What to Expect:

• Fundamentals of the Secondary Credit Market Act – Quick overview for newcomers and refresher for practitioners
• Contract Drafting in Practice – Proven clauses in sale and purchase agreements (SPA) and servicing agreements
• Organizational Obligations – What credit servicers need to consider
• Notification and Reporting Requirements – Overview of BaFin requirements
• Outsourcing Management – Compliance when working with third parties
• Requirements for Managing Directors – Qualification and reliability standards
• Ownership Control Procedures – Processes and practical tips

Your Benefits:

• Practical insights from current NPL transactions
• Concrete recommendations for your contract documentation
• Direct answers to your questions in the Q&A session

Who Should Attend?

• Legal departments and compliance officers at banks
  and credit institutions
• Credit servicers and NPL investors
• Advisers in the Financial Services sector
• Anyone involved in non-performing loan trading

Your Questions Are Welcome!

Following the presentations, Dr Simon G. Grieser and Dr Anselm Reinertshofer will be available for an extensive Q&A session.

Send us your specific questions when you register – this allows us to address them directly and provide you with tailored answers.

Of course, spontaneous questions during the webcast are also very welcome.

We look forward to welcoming you on 4 February 2026!