Product Governance.

»Product Governance - The Product Approval Process for the Manufacturing of Financial Instruments« As a reaction to the financial crisis in 2007/2008, the new product approval process for the manufacturing and distribution of financial instruments was introduced in January 2018. Different from the previous legal situation, this process now includes a content control of financial instruments. This thesis focuses on the requirements for manucaturers, explains various resultant questions as the civil liability and provides a practical guide to the producct approval process.