Soon significantly increased effort for reports to the German transparency register: Update on the expert hearing in the Finance Committee of the German Bundestag

We previously reported here that the German government published a draft of the Transparency Register and Financial Information Act (TraFinG) on February 10, 2021, and what new responsibilities will arise for those responsible for all German companies, including companies under civil law (https://www.skwschwarz.de/en/details/register-obligations-in-the-transparency-register), as a result of the transformation of the transparency register into a full register.