Regulationserfordernis

Regulationserfordernis is a German term that translates literally to "regulatory requirement" and refers to a specific obligation that must be satisfied in order to comply with an applicable law, regulation, or industry standard. The concept is often used in legal, financial, and administrative contexts to denote obligations that arise from statutory or regulatory instruments, rather than from contractual parties. For example, a bank may have a Regulationserfordernis to report certain transactions to the Bundesbank as part of the Geldwäschegesetz (Money Laundering Act) or an oil company may have a Regulationserfordernis to maintain documentation of hazardous material handling under the Gefahrstoffverordnung (Hazardous Substances Ordinance).

In practice, a Regulationserfordernis may involve data retention periods, environmental impact assessments, capital adequacy ratios, or specific procedural steps such as obtaining permits or filing annual reports. The term emphasizes that the requirement derives from a regulatory source and thus has legal enforceability; failure to meet a Regulationserfordernis can lead to penalties, sanctions, or invalidation of the activity. As such, compliance professionals often audit and monitor Compliance Management Systems to ensure that all relevant Regulationserfordernis are identified, documented, and fulfilled.