Die Übertragung von Aufgaben durch Kapitalverwaltungsgesellschaften unter dem KAGB.

»The Delegation of Functions by Capital Management Companies under the German Capital Investment Code. Admissibility, Limitations and Liability«

The thesis describes the contractually non-negotiable original performance and due diligence obligations of a capital management company (KVG) under the KAGB in the management of investment funds. A further focus is the presentation of how and within what limits KVGs use third parties to fulfil their obligations. The paper critically examines treatment of the »materiality criterion« in the outsourcing definition of the BaFin. Furthermore, the possibilities of the KVGs to limit their liability for own or third party fault are examined in detail.