DE

Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)

German Federal Financial Supervisory Authority overseeing banks, securities, and accounting.

REGULATOR PROFILE
  • Regulator: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
  • Jurisdiction: DE
  • Statutory Role: German Federal Financial Supervisory Authority overseeing banks, securities, and accounting.
  • Indexed Cases: 2 enforcement actions in this jurisdiction.

PRIMARY ENFORCEMENT ACTIONS IN DE

2 ACTIONS
Case Title Status Primary Scheme Overstatement Total Penalties Action Date
Wirecard AG: 1.9 Billion Euro Fictitious Cash Fraud ADJUDICATED fictitious cash and assets $2.1B $0 June 22, 2020
Volkswagen: Material Omission of Emissions Defeat Devices in Bond Offerings SETTLED material omission $15.0B $4.3B September 20, 2017