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Cen­tral Coun­ter­par­ties

How resilient are Central Counterparties (CCPs) to financial crises? The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have revisited this question recently.

How resilient are Central Counterparties (CCPs) to financial crises? The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have revisited this question recently.

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News

Date: 18.07.2018 - Topic Unauthorised business Zurich Private Capital Group is an unauthorized institution

“Zurich Private Capital Group” with alleged business adresses in Frankfurt am Main and Hong Kong and contact adresses in London, Dubai, Singapore, Mauritius, Mahe (Seychelles) and Mumbai offers services regarding “Savings, Investments, Capital Management” over the internet (zurichprivatecapital.com). More: Zurich Private Capital Group is an unauthorized institution …

Date: 17.07.2018 - Topic Unauthorised business Helmuth Newin Group is an unauthorized institution

The “Helmuth Newin Group” with alleged business adresses in Regensburg, Germany, and Zurich, Switzerland, offers banking business and financial services over the internet (www.helmuth-newin.com) and by phone. More: Helmuth Newin Group is an unauthorized institution …

Date: 16.07.2018 - Topic Fintechs Big Data meets artificial intelligence: BaFin starts consultation on the report

BaFin has today issued the study "Big Data meets artificial intelligence - Challenges and implications for the supervision and regulation of financial services" and started consultation. More: Big Data meets artificial intelligence: BaFin starts consultation on the report …

Date: 11.07.2018 - Topic Unauthorised business The operator of “XMarkets” (Celestial Trading Ltd.) has no authorisation pursuant to section 32 of the German Banking Act. Its services are not to be confused with those provided by Deutsche Bank AG (“X-markets”)

The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin) points out that Celestial Trading Ltd., which operates the platform “XMarkets”, has not been granted authorisation to provide financial services pursuant to section 32 of the German Banking Act (Gesetz über das Kreditwesen – KWG). The company is not supervised by BaFin as of yet. More: The operator of “XMarkets” (Celestial Trading Ltd.) has no authorisation pursuant to section 32 of the German Banking Act. Its services are not to be confused with those provided by Deutsche Bank AG (“X-markets”) …

Measures

Date: 13.07.2018 - Topic Measures Maier + Partner Aktiengesellschaft: BaFin threatens coercive fines

On 11 July 2018 BaFin ordered Maier + Partner Aktiengesellschaft to comply with the financial reporting requirements pursuant to sections 114 et seq. of the Securities Trading Act (WertpapierhandelsgesetzWpHG) and threatened coercive fines in the amount of EUR 110,000. More: Maier + Partner Aktiengesellschaft: BaFin threatens coercive fines …

Date: 11.07.2018 - Topic Measures BaFin imposes fines

BaFin imposed administrative fines amounting to 19,500 euros against a senior manager of an institution relating to breaches of section 24 (3) sentence 1 number 1 of the German Banking Act (Kreditwesengesetz – KWG) old version. More: BaFin imposes fines …

Date: 03.07.2018 - Topic Company takeovers Publication of financial reports: Federal Office of Justice imposes disciplinary fine against Beate Uhse Aktiengesellschaft

On 15 December 2017, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 2,500 euros against Beate Uhse Aktiengesellschaft. More: Publication of financial reports: Federal Office of Justice imposes disciplinary fine against Beate Uhse Aktiengesellschaft …

Su­per­vi­so­ry mea­sures

BaFin has extensive powers to put an end to unauthorised banking, insurance or investment business. It can also adopt measures against supervised banks, insurers and investment companies.

Aufsichtliche Maßnahmen (refer to: Supervisory measures)

New documents

Topic FintechsCon­sul­ta­tion on BDAI re­port

As the amount of data available is constantly growing and ever better opportunities for using this data are arising, companies are able to structure their work processes more efficiently and develop new business models. Supervisors and regulators, however, are facing new challenges as the use of big data and artificial intelligence (BDAI) increases on financial markets.

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Contacts

Con­sumers

Are you having problems with a bank or an insurance company? Find out more about how to complain and the points of contact.

Ansprechpartner für Verbraucher (refer to: Consumers)
Ansprechpartner für Medien (refer to: Journalists)

For whistle­blow­ers

BaFin receives disclosures about actual or suspected violations of supervisory provisions.

Whistleblower (refer to: For whistleblowers)

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Datenbanken

Databas­es

You can search for companies which hold an authorisation, have passed the EU/EEA notification procedure or have established a representative office in Germany. Other databases include information on investment funds, prospectuses filed and more.

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MVP Portal

MVP Por­tal

This service is intended for those providers who would like to meet BaFin's notification, reporting and transmission requirements on the basis of a simple and secure electronic data exchange system or who are required to use the Reporting and Publishing Platform.

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Hinweisgeberportal

Whistle­blow­ers

Do you wish to disclose actual or suspected violations of supervisory provisions? You can send such information anonymously to BaFin's central contact point for whistleblowers.

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Calls for tender and tender specifications are only available in German.

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