BaFin

9 results about this entity

Period: 12 May 2021 - 23 Aug 2024

/retail

Deutsche Bank settles majority of claims in Postbank case

Deutsche Bank has been in the process of acquiring Postbank since 2008, and has been facing trouble agreeing to a settlement with Postbank shareholders.

/crypto

DWS moves toward first German-regulated euro stablecoin

German asset management company DWS has launched a new company in a step towards creating the first German-regulated cryptocurrency.

/regulation

BaFin lifts N26 customer onboarding cap

After more than two years, Germany's financial regulator BaFin has lifted a cap on the number of new customers that digital bank N26 can onboard.

/regulation

BaFin fines N26 €9.2m over late money laundering reports

German regulator BaFin has fined N26 €9.2 million for anti-money laundering failures but could be preparing to lift a cap on the number of new customers the digital bank can take on.

/regulation

BaFin increases focus on IT outsourcing risks

Cybersecurity and the outsourcing of IT services are among the greatest risks to the financial sector, warns a new report from German regulator BaFin.

/crime

German watchdog urges Allianz to improve internal controls

Germany’s financial regulator BaFin has call on Allianz to improve its internal controls following a fraud scandal in their US fund unit.

/regulation

N26 puts a positive spin on BaFin customer cap

In a blog post to customers, N26 has sought to gloss over a move by Germany's financial regulator, BaFin, to impose a temporary cap on the number of new customers the digital challenger is allowed to onboard each month.

/regulation

BaFin sets out supervisory principles for Big Data and AI

On 15 June 2021, BaFin published supervisory principles for the use of algorithms in decision-making processes by financial institutions.

/regulation

N26 faces BaFin scrutiny over money laundering failures

German financial regulator BaFin has ordered mobile bank N26 to fix problems with its IT monitoring and customer due diligence to prevent money laundering and terrorist financing.