Executive summary
On 4 March 2020, the German Ministry of Finance (MoF) published a draft decree containing guidance on the final German Mandatory Disclosure Rules (MDR) legislation which was published in the German Federal Gazette on 30 December 2019.1 The newly issued draft decree provides further clarity on the MoF’s interpretation of the scope, hallmarks and reporting procedure and confirms that the German MDR legislation is broadly aligned with the requirements of the Directive. The draft de…