Key Regulatory Developments In Germany - February 2019

Author:Mr Michael Huertas
Profession:Dentons
 
FREE EXCERPT

Source/Date Brief description BaFin4 15/02/2019 BaFin published anti-money laundering Circular regarding high-risk countries BaFin published its Circular 01/2019 (GW) (Rundschreiben betreffend Drittstaaten, die in ihren Systemen zur Bekämpfung von Geldwäsche und Terrorismusfinanzierung strategische Mängel aufweisen, die wesentliche Risiken für das internationale Finanzsystem darstellen (Hochrisiko-Staaten) 01/2019 (GW)) on the subject of third countries which have strategic deficiencies in their systems for combating money laundering and terrorist financing and thus represent significant risks for the international financial system (high-risk countries). For further information in German, click here. BaFin4 06/02/2019 BaFin published guidelines for insurers and insurance groups BaFin revised the information on Solvency II reporting for insurance and reinsurance companies and insurance groups. For further information in German, click here. BaFin4 05/02/2019 BaFin submitted a Circular on reporting information for settlement planning for consultation BaFin submitted the draft of a Circular on reporting information for settlement planning (Rundschreiben zur Meldung von Informationen für die Abwicklungsplanung - MIA) for consultation. For further information in German, click here. BaFin4 01/02/2019 BaFin consulted Circular on the minimum requirements for the feasibility of a bail-in BaFin submitted the draft of a circular on the minimum requirements for the feasibility of a bail-in (Rundschreiben zu den Mindestanforderungen zur Umsetzbarkeit eines Bail-in (MaBail-in)) for consultation. For further information in German, click here. BaFin4 31/01/2019 BaFin launched new market research on MiFID II One year after the European Financial Markets Directive came into force, BaFin wants to...

To continue reading

REQUEST YOUR TRIAL