Topic Measures Sparkasse Dinslaken-Voerde-Hünxe: BaFin orders own funds requirements to be increased

Date: 18.05.2015

The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaaufsicht – BaFin) issued an order to Sparkasse Dinslaken-Voerde-Hünxe, Dinslaken, on 15 January 2015 for increased own funds requirements. BaFin had identified contraventions of requirements for a proper business organisation within the meaning of section 25a (1) of the Banking Act (Kreditwesengesetz – KWG).

The basis for the order is section 10 (3) sentence 2 no. 10 of the KWG. The publication of this decision is based on section 60b of the KWG.

This notice became final on 17 February 2015.

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