On Reg: A Global Financial Regulation Podcast Series

Challenging economic conditions combined with heightened scrutiny require greater sophistication when it comes to anticipating the impact of regulatory developments on the asset management industry.

On Reg is a global podcast series that explores the ever-changing landscape of financial regulations and the key issues shaping the future of asset management. In each episode, we speak with Dechert colleagues and other industry experts about the most pressing issues in financial regulation.

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Latest Episode: Episode 17 – Mastering FDI, Export Controls and Security in Germany’s Defense Deals

Germany’s defense landscape is transforming. Between new budget commitments, a push to meet NATO’s 2% target and an assertive EU industrial strategy, deal flow in drones, sensors, cyber and munitions is on the rise. In this episode of On Reg, Angelo Lercara is joined by partners Carina Klaes-Staudt and Clemens York to highlight the latest tightening of Germany’s FDI regime — covering critical infrastructure, cyber, media and defense — alongside export-control rules and classified-information requirements.

Speakers:

Angelo Lercara
Partner / Financial Services and Investment Management
Based in Munich

Carina Klaes-Staudt
Partner / Corporate
Based in Munich

Clemens Graf York von Wartenburg
Partner / Antitrust
Based in Brussels and Munich

Show Notes:

Hot Topic: Dealmaking in Germany's Defense Sector in 2025 – VC, PE and M&A – What’s New and What are the Main Regulatory Hurdles – Dechert OnPoint (November 2025)

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About Dechert's Financial Services Group

With over 200 financial services lawyers in 17 offices throughout the world, Dechert was the first and is the leading law firm with a funds practice in all key European fund domiciles, including the UK, Ireland, Luxembourg, Germany and France, as well as the U.S., the Middle East and Asia. The firm is consistently recognized as a top law firm for investment funds by a number of publications in the U.S., Europe, Asia and the Middle East, including Chambers, The Legal 500 and Best Lawyers. Learn more.

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