Regulation

In cooperation with the German Federal Association for Alternative Investments (BAI)

Impact

The working group monitors regulatory developments in sustainable finance and impact investing from a practical market perspective and fosters exchange between market participants, policymakers, and experts.

As a cross-cutting working group, it also contributes regulatory perspectives and developments to the thematic work of the other BVII working groups.

Outcome

  • Development of forward-looking impulses for sustainable finance regulation
  • Strengthening the role of impact investing within regulatory and political processes
  • Advancing practical understanding of regulatory developments and implementation challenges
  • Strengthening exchange between market, policy, and regulatory stakeholders

Short description of the working group


The European Green Deal and the ongoing development of Sustainable Finance regulation aim to direct capital flows more strongly towards sustainable and impact-oriented investments. Regulatory frameworks such as SFDR, the EU Taxonomy, CSRD, and CRR III are reshaping the requirements for financial market participants and continue to evolve through new guidelines and regulatory initiatives at European and national level.

For impact investors, these developments create both new opportunities and practical challenges — particularly in private capital markets and impact-oriented investment strategies.

The BVII Working Group on Regulation provides a practical platform for exchange on current regulatory developments related to sustainable finance and impact investing. The group aims to strengthen a shared understanding of impact investing, develop professional positions, and foster constructive dialogue between markets, policymakers, regulators, and civil society.

In addition, the working group contributes regulatory perspectives as a cross-cutting theme to the broader work of BVII. Together, members develop impulses for forward-looking regulatory conditions that strengthen impact investing as an effective approach for directing capital towards social and environmental transformation.

The working group views regulation not only as a compliance issue, but also as a strategic lever for mobilising capital with measurable impact.

Activities

  • Exchange of experience, peer-to-peer learning, and sharing of best practices related to Sustainable Finance regulation
  • Discussion of practical implementation challenges and regulatory developments in impact investing
  • Development of shared professional positions, statements, and position papers
  • Building and strengthening an interdisciplinary network through events, panel discussions, and expert exchange
  • Supporting the stronger regulatory anchoring of impact investing at national and European level
  • Analysing the interaction between impact investing and financial market regulation and developing practical recommendations

Meetings

The working group meets once per quarter. In-person meetings and exchange formats take place regularly in addition.

Members

The Working Group on Regulation brings together asset managers, investors, advisors, and other market participants with strong expertise in sustainable finance and financial market regulation. It connects members of the Bundesverband Impact Investing (BVII) and the Bundesverband Alternative Investments (BAI).

Working Group Lead

Christopher Matz

Finanzvorstand BVII

CFO Crowd Ukraine

Joel El-Qalqili

General Counsel, Vidia Equity

Michael Bommer

Senior Referent Recht & Policy / Head of Sustainable Finance & ESG, Bundesverband Alternative Investments e.V.

Sina Nennstiel

Referentin Recht & Policy, Bundesverband Alternative Investments e.V.