Tag: deficiencies
German Regulator Warns, Finding “Serious Deficiencies” in Bitcoin Company
Germany’s financial regulator BaFin has ordered a subsidiary of Bitcoin Group (ADE) to correct some deficiencies in internal anti-money laundering measures. According to a memo sent to the group’s Futurum…
Bafin is now also criticizing deficiencies in construction financing
Frankfurt Julia and Stefan Fischer actually wanted to move into their new single-family home in the Brück district of Cologne with their three-year-old daughter last Monday. But nothing came of…
Bafin again sees deficiencies in Deutsche Börse subsidiaries
Bafin The banking supervisory authority criticizes weaknesses in subsidiaries of Deutsche Börse. (Photo: IMAGO/Hannelore Förster) Frankfurt The financial supervisory authority has once again targeted subsidiaries of Deutsche Börse for deficiencies.…
Deficiencies in the state development bank call Bafin to plan
Headquarters of the L-Bank in Karlsruhe The money house is the fourth largest development institute in Germany. With a total of 15 billion euros in 2021, your promotional business was…
Ban on new customers in Italy due to money laundering deficiencies
N26 bank The Italian central bank calls for improvements in the fight against money laundering. (Photo: imago images / photothek) Hanover The Berlin smartphone bank N26 is no longer allowed…
N26 receives new customer ban in Italy due to money laundering deficiencies
N26 bank The Italian central bank calls for improvements in the fight against money laundering. (Photo: imago images / photothek) Hanover The Berlin smartphone bank N26 is no longer allowed…
Financial supervisors identify deficiencies at Grenke and tighten capital requirements
Grenke headquarters The company said it had now launched an extensive project to further develop the organization. (Photo: dpa) Frankfurt The financial regulator Bafin has tightened the capital requirements at…
Authorities are recalling more and more cars because of software deficiencies
Auto Show 2015 in New York The Mercedes GLE was also affected by a recall. (Photo: AFP) Munich Dangerous airbags, defective brake lights, defective gearboxes: due to such safety deficiencies,…
N26 pays a million fine for deficiencies in money laundering prevention
N26 The German insurance company Allianz, the state fund GIC from Singapore, the Chinese internet giant Tencent, Earlybird and the German-American investor Peter Thiel are among others involved in N26.…