Due to the implementation of CRD II, the German Financial Services Supervisory Authority (or BaFin) is currently working on changes to, among others, the Regulation on Large Exposures and Exposures exceeding EUR1.5 million (or GroMiKV). Compared to the previous draft, the treatment of intra-group exposures according to draft section 9 para. 2 GroMiKV, which is of particular importance for foreign banks, has only been marginally amended in the latest draft CRD II Implementation Regulation (the Draft Regulation). However, the current Draft Regulation contains a new provision for a look-through approach with regard to investment fund units (cf. section 6 para. 2 draft GroMiKV). Moreover, the current Draft Regulation no longer qualifies buying guarantees for leasing objects as credits (cf. section 1 para. 1 No 1a draft GroMiKV).