Valeska Karcher

Valeska Karcher

Senior Associate

Valeska advises in particular ETF/ETC clients with respect to their listings on German stock exchanges, including the regulated and regulated unofficial market.

She advises also on custody related questions, e. g. the transfer of shares to Clearstream Banking Frankfurt from France or Ireland as well as the delistings of ETFs/ETCs.

Valeska assists banks, financial services firms and German investment funds in their establishment and the outsourcing of critical operational functions. Her working area also covers the preparation of tied agents agreements. Furthermore, Valeska advises German banks, financial services firms and EU-passported branches based in Germany on questions relating, inter alia, to the following German Acts: Securities Trading Act (WpHG), Anti Money Laundering Act (GwG), Banking Act (KWG): Securities Prospectus Act (WpPG) and Sales Prospectus Act (VerkProspG).

In addition, Valeska is regularly involved in the registration of non-German UCITS and AIFs for distribution in Germany and is advising non-German investment companies on the sale of investment funds in Germany, e. g. negotiating distribution agreements, agreements with information and paying agencies, private placements of fund units, review of marketing material.

Published Work

  • „Market Price Manipulation and Forward Contracts under Germany’s Fourth Act on the Promotion of Financial Markets“ in JOURNAL OF INTERNATIONAL Banking Law
  • „Weitere Harmonisierung ist nötig – Für den Verkauf von Single-Hedgefonds dürfen die Anbieter keine Werbung machen” – Handelsblatt, Ausgabe vom 02.06.2004
  • „Novelle des Investmentgesetzes, Auswirkungen für offene Immobilienfonds, Teil 1: Neue Rechte für Fonds: Anteilsrückgabe einschränken“, in Immobilienzeitung, Edition 34/2007 of 30 August 2007
  • „Novelle des Investmentgesetzes, Auswirkungen für offene Immobilienfonds, Teil 2: Fonds müssen Risiken identifizieren und überwachen“; in Immobilienzeitung, Edition 35/2007 of 6 September 2007

Leadership Positions And Professional Affiliations

Association des Juristes Français et Allemands (AJFA)

Qualifications

Admissions

Rechtsanwältin, Germany, 2000

Assessorin, Germany, 2000

Referendarin, Germany, 1998

Academic

LL.M.

Legal French, Institut Français in Frankfurt am Main, „Certificat de français juridique de la CCIP“

Languages

English, French, German
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.