Regulated industries and professions
Regulated industries and professions
Banks and other financial services institutions, insurance companies, stock-
brokers and asset managers are subject to close supervision by the Federal
Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungs-
aufsicht or BaFin).
This supervision involves not only frequent reviews of the
financial position of the business, but close control over the methods by which
business is done and the amounts transacted. In some cases, there are daily
reporting requirements.
EU Forecast
euf:ba18e:37/nws-01