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Erscheinung:19.08.2025 | Topic Measures Su­tor Bank GmbH: BaFin im­pos­es ad­min­is­tra­tive fines

On 3 July 2025, BaFin imposed administrative fines amounting to EUR 702,500 on Sutor Bank GmbH. The company had contravened obligations under the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) and Commission Delegated Regulation (EU) 2017/565.

More: Announcement regarding Sutor Bank GmbH …

Erscheinung:12.08.2025 | Topic Digitalisierung, Risk management Doc­u­men­ta­tion re­quire­ments un­der DO­RA – made easy (or eas­i­er)

What documentation requirements do companies have to fulfil under DORA? The Federal Financial Supervisory Authority (BaFin) has published an overview to help companies navigate these requirements.

More: Documentation requirements under DORA – made easy (or easier) …

Warnings and notes for consumers

Erscheinung:02.09.2025 | Topic Unauthorised business, Consumer protection quadrikam(.)com: BaFin warns against of­fers on the web­site and points out iden­ti­ty theft

The German Financial Supervisory Authority (BaFin) warns against offers on the website quadrikam(.)com. Based on current information, there is no connection to Quadrik Asset Management AG, which is supervised in Switzerland. This is likely to be a case of identity theft.

The operators of the website offer unsolicited fixed-term deposits in Germany by telephone and email. They claim to be employees of Quadrik Asset Management AG and give the impression that they cooperate with licensed banks. Neither of these claims is true.

More: quadrikam(.)com: BaFin warns against offers on the website and points out identity theft …

Erscheinung:02.09.2025 | Topic Unauthorised business, Consumer protection conix­pay­bank: BaFin warns against of­fers on the web­site conix­pay(.)com

The German Financial Supervisory Authority (BaFin) warns against offers on the website conixpay(.)com. The company, allegedly based in Wuppertal, describes itself as a bank and offers loans and insurance policies without authorisation.

More: conixpaybank: BaFin warns against offers on the website conixpay(.)com …