Financial regulation in the EU is more and more driven by non-binding acts of authorities like ESMA. The impact of non-binding regulatory acts, however, goes beyond the original remit of these documents. The German regulator BaFin has now confirmed what we all already knew: These acts are far from mere recommendations. Instead there are likely …
According to the president of the German regulatory authority, BaFIN, low interest rates put strain on financial sector says German regulator. Felix Hufeld, President of the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) focused on three key issues in his speech at the authority’s annual press conference on 10 May 2016: low interest rates, digitalisation …
Low interest rates put strain on financial sector says German regulator Read More »
BaFin, the German financial regulatory authority, has today published its latest issue of the BaFin Journal, its monthly bulletin that contains technical articles, interviews and reports on important national and international regulatory issues as well as the official announcements of insurance supervision. The March 2016 issue focuses amongst other topics on: The second Payment Services Directive and the rules it has introduces for Payment Services Providers Investment …
BaFin publishes monthly roundup: focus on PSD 2, Solvency II and Financial Advice Read More »
BaFIN, the German financial regulatory authority, has today published its latest issue of the BaFIN Journal, its monthly bulletin that contains technical articles, interviews and reports on important national and international regulatory issues as well as the official announcements of insurance supervision. The February 2016 issue focuses amongst other topics on guidance on the technology behind cryptocurrencies based blockchain, the German Ring fencing Act, and the updates …
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