Zahlungsdienste (refer to: Payment services: BaFin provides information on the new regulations)
1

Pay­ment ser­vices: BaFin pro­vides in­for­ma­tion on the new reg­u­la­tions

The new Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz – ZAG) entered into force.The aim is to strengthen competition, increase the security of payment services and improve consumer protection. In order to inform market participants of the amended set of rules …

The new Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz – ZAG) entered into force.The aim is to strengthen competition, increase the security of payment services and improve consumer protection. In order to inform market participants of the amended set of rules in good time, BaFin subsequently held a conference on the topic at its Frankfurt offices, which was met with considerable interest.

Liquiditaetsrisikien (refer to: Investment funds: Dealing with liquidity risks)
2

In­vest­ment funds: Deal­ing with liq­uid­i­ty risks

BaFin is currently taking a heightened interest in the issue of liquidity risk in funds and asset management companies. The key driver for this is the concern that "liquidity spirals" might form, with negative consequences for financial stability. This article focuses primarily …

BaFin is currently taking a heightened interest in the issue of liquidity risk in funds and asset management companies. The key driver for this is the concern that "liquidity spirals" might form, with negative consequences for financial stability. This article focuses primarily on liquidity risk management.

Bankaufsichtliche Anforderungen an die IT (refer to: IT security: BaFin specifies requirements for the banking industry)
3

IT se­cu­ri­ty: BaFin spec­i­fies re­quire­ments for the bank­ing in­dus­try

At the start of November, BaFin published the Supervisory Requirements for IT in Financial Institutions (Bankaufsichtliche Anforderungen an die IT – BAIT). The BAIT have now become the cornerstone of IT supervision for all credit and financial services institutions in Germany. …

At the start of November, BaFin published the Supervisory Requirements for IT in Financial Institutions (Bankaufsichtliche Anforderungen an die IT – BAIT). The BAIT have now become the cornerstone of IT supervision for all credit and financial services institutions in Germany. The requirements are directed at the management boards of such companies.

Geldmarktfonds (refer to: Money market funds: ESMA specifies requirements of EU Regulation)
4

Mon­ey mar­ket funds: ES­MA spec­i­fies re­quire­ments of EU Reg­u­la­tion

In addition to the Money Market Funds Regulation, the European Securities and Markets Authority (ESMA) has published a report containing technical advice, draft implementing technical standards and guidelines, which provide further specification regarding the Regulation.

In addition to the Money Market Funds Regulation, the European Securities and Markets Authority (ESMA) has published a report containing technical advice, draft implementing technical standards and guidelines, which provide further specification regarding the Regulation.

IT-Kompetenz in der Geschäftsleitung (refer to: IT competency among management board members)
5

IT com­pe­ten­cy among man­age­ment board mem­bers

For BaFin, ensuring that banks and insurance undertakings can effectively tackle the new challenges posed by digitalisation is a matter of pivotal importance. It is therefore adjusting its administrative practice in relation to the practical experience required by management …

For BaFin, ensuring that banks and insurance undertakings can effectively tackle the new challenges posed by digitalisation is a matter of pivotal importance. It is therefore adjusting its administrative practice in relation to the practical experience required by management board members.

Pagination