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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Can I bring my family with me in Germany?

Before you can bring your family members to Germany, you must have the right to remain here yourself. This means holding a valid residence permit. The types of residence permit which allow their holder to bring other family members over to Germany are: EU Blue Card.

What is CSDR cash penalty?

What are cash penalties? From 1 February 2021, CSDs will be required to establish a cash penalty mechanism for participants that cause transactions not to be settled on their ISD (a settlement fail).

Can you sponsor siblings in Germany?

Other relatives of a foreigner residing in Germany Other family members can also apply to join their relative: if you have siblings in Germany, either brother or sister, uncle, aunt, niece, nephew, grandparent, or cousins you can apply to join them.

Can my family join me in Germany?

Joining a parent or both parents (as an unmarried minor) This visa enables you to travel to Germany and apply to the local immigration office (Auslnderbehrde) for a residence permit in order to join your parent/s.

Who are immediate family members in Germany?

Generally, nationals of countries outside of the EU who are members of the immediate family (spouses, children under 18, parents of children under 18) are permitted to enter Germany for the purpose of joining their families if the necessary requirements for entry are met (e.g. D visa).

What is CSDR settlement?

CSDR: Harmonising the cycle The goal of CSDR is to harmonise certain aspects of the settlement cycle while providing a set of common requirements for any central securities depository (or CSD) that operates securities settlement systems across the European Union.

Who pays CSDR penalties?

Cash penalty regime under CSDR enters into force from 1 February 2022. Cash penalties will be imposed by the CSD on the participant within the CSD responsible for settlement fail.

How can I bring my family to Germany?

A residence permit entitles people from abroad to enter and reside in Germany. Residence permits may be granted in the form of a visa, residence permit, an EU Blue Card, a settlement permit, or a permanent EC residence permit.

Can I bring my spouse under work visa in Germany?

If your spouse is a citizen of a member state of the EU or the EEA. Even if you are a third-country national, if your spouse is a citizen of a member state of the EU or EEA, they are entitled to freedom of movement and can therefore live and work in Germany without restrictions.

Who does CSDR apply to?

What types of firms will be affected by CSDR? CSDR will impact all financial firms that trade in the EU, regardless of where they are located. These include Investment and Asset Managers, Hedge Funds, Banks and Broker Dealers, Custodians, Agents and Central Securities Depositories (CSDs).

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