Millionenkredit reporting under section 14 of the German Banking Act (Kreditwesengesetz, KWG) has a fixed end date. Article 36 of the Standortfoerdergesetz (StoFoeG) of 4 February 2026 deletes section 14 KWG with effect from 30 December 2026, and the Deutsche Bundesbank’s notice of 5 October 2026 to the firms in the procedure describes the notification…
On 1 October 2026 the German Federal Financial Supervisory Authority (BaFin) started publishing a tabular overview of which guidelines issued by the European Supervisory Authorities (ESAs) and by the EU Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) it has adopted into its administrative practice, and which it has not. In the…
BaFin and the Deutsche Bundesbank presented the results of the LSI stress test 2026 on 24 September 2026, and the sentence with the longest reach sits in the last paragraph of the press release. Going forward, a less significant institution (LSI) receives Pillar 2 guidance (P2G, in German the Eigenmittelempfehlung) only if its capital ratios…
Since 29 July 2026, BaFin has had an additional market-surveillance mandate for AI systems placed on the market, put into service or used by entities listed in section 2(3) KI-MIG where the system is directly connected with a regulated financial activity. This mandate sits alongside existing prudential and conduct supervision. BaFin may exercise the market-surveillance…
Put a financial product on a blockchain and the hardest question is which rulebook the token sits under, not how the token works. Get the MiCAR perimeter wrong and a reporting team builds the wrong control set around the wrong instrument: white-paper notifications and crypto-asset service provider records where a prospectus, and potentially MiFID/MiFIR controls…