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Erscheinung:18.11.2016 | Topic Authorisation Notice on the granting of authorisation to provide financial services pursuant to section 32 (1) of the German Banking Act

Anyone wishing to provide financial services in Germany commercially or on a scale that requires a commercially organised business undertaking generally needs written authorisation from the Federal Financial Supervisory Authority. Exceptions apply to undertakings domiciled in another country of the European Economic Area.