German Government Plans to Reduce Dismissal Protection for “Risk Takers” in the Financial Sector

December 3, 2018

The German Government published a draft legislation which would facilitate the dismissal of so-called “risk takers” in the German financial sector.

This is one of various measures by which the German Government intends to address upcoming Brexit challenges and to increase the attractiveness of Germany as business location for financial institutions currently based in the UK.

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