kaal:claim:2061166-026
Enacting the proposed German Corporation Act amendments that would give contingent capital securities a statutory basis would require substantial changes across other areas of German law, and is unlikely to be achieved unless European Union law requires it and the standards are internationally recognized.
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Implementing the amendments would require substantial changes in other areas of German law.519 This may not be easily achieved unless required under European Union law and internationally recognized.
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conditionsupport: arguedfailure: Domestic contingent capital reform stalls without external mandatefamily: collective-action-and-coordination-failurecontingent-capitallaw-and-legal-systems
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