BaFin
Grade A
Federal Financial Supervisory Authority · Germany · Official register
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Authorized capital
777,814 - 5,327,500
required to operate
Time to obtain
at least 1 year
typical licensing process
TrustFinance grade
of A to D
Companies on record
17
holding this license
Requirements to get licensed
License Requirement
For Banking institutions;
- Local presence (Physical office, Senior manager)
- Shareholders
- Managing Director
- Compliance Officers
- Minimum Capital Requirements 5,000,000 EUR
For Financial Service Institutions
- Local presence (Physical office, Senior manager)
- Shareholders
- Managing Director
- Compliance Officers
- Minimum Capital Requirements (trade on their own account) 730,000 EUR
- Minimum Capital Requirements (do not trade on their own account) 125,000 EUR
Document Requirement
For Banking institutions;
- Business Plan
- People Proofs of each of 'key person'
- Statement of Personal Income
- Certificates of Non-Criminal Record and Non-Bankruptcy
- Excerpts from the German Central Trade and Industry Register (Gewerbezentralregister)
About this regulator
The Federal Financial Supervisory Authority better known by its abbreviation BaFin is the financial regulatory authority for Germany. It is an independent federal institution with headquarters in Bonn and Frankfurt and falls under the supervision of the Federal Ministry of Finance.
Companies holding this license
17 companies on record. Each links to its verification page.
