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…
Version 1.5 of the Kommunikationshandbuch FATCA Teil 1, dated 3 August 2026, is the Bundeszentralamt für Steuern (BZSt) manual that governs BZSt FATCA DIP transmission for German reporting financial institutions and the service providers that file on their behalf. The change history lists a single addition: information on encoding for files sent through the XML…
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…
On 21 September 2026 the Deutsche Bundesbank issued Rundschreiben 57/2026 on the updated 2026 sFEU list. Counterparty sector classification is material to the monthly balance sheet statistics and the compilation of monetary statistics. Minimum-reserve treatment is separate: under Article 5 of Regulation (EU) 2021/378, liabilities to another institution are excluded from the reserve base only…
Subject to applicable reporting relief, AnaCredit covers qualifying instruments where a debtor’s aggregate commitment in relation to an observed agent reaches at least EUR 25,000 at a reporting reference date within the relevant reference period. Commitment includes outstanding nominal and off-balance-sheet amounts. From that threshold the loan is reported to the Deutsche Bundesbank on a…
On 17 September 2026 the Czech Financial Analytical Office (Finanční analytický úřad, or FAÚ) opened a guidance series for the firms it supervises, titled the AML package step by step. Its first instalment is narrow and practical: which legal texts will govern anti-money-laundering and counter-terrorist-financing work from 10 July 2027. That date is the pivot…
On 9 September 2026 the Bundeszentralamt fuer Steuern (BZSt) issued CRS Newsletter 04/2026, and it carries four items relevant to BZSt CRS reporting. The Federal Ministry of Finance has published an English translation of the BMF-Schreiben that fixes the officially prescribed dataset and interface; the BMF-Schreiben dated 14 January 2026 requires version 2.0 for transmissions…
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…
When a clearing member defaults, what decides whether the rest of the market keeps trading is rarely whether the CCP has enough margin on file. It is whether the operational machine around the default works under pressure: can client positions be ported to a surviving member before the porting window closes, can the defaulter’s book…