BaFin

Topic Unauthorised business Helmuth Newin Group is an unauthorized institution

Date: 17.07.2018

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.

As a precaution the Federal Financial Supervisory Authority (Bundesanstalt für FinanzdienstleistungsaufsichtBaFin) clarifies that “Helmuth Newin Group” does not hold a licence pursuant to the German Banking Act to conduct banking business or provide financial services. The company is not supervised by BaFin.

Pursuant to Mr. Helmuth Newin, Regensburg, the undertaking „Helmut Newin Group“ has no commercial or personal relationship with Mr. Helmuth Newin and also not with EUROASSEKURANZ Versicherungsmakler AG, namely no administration is present in Regensburg.

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