BaFin News

Consumer warning: Identity fraud on festgeld-sofort.de

BaFin issued a consumer warning on April 8, 2026, alerting the public to the website festgeld-sofort.de, which is suspected of offering financial and securities services without the required regulatory authorization. The website fraudulently claims an association with Jürgen Schlotz Consulting, a legitimate consulting firm that has confirmed it has no connection to the website or its offerings. BaFin issued this warning pursuant to Section 37(4) of the German Banking Act (Kreditwesengesetz).

BaFin contract awarded to Haufe Lexware GmbH 2026

BaFin has published its awarded contract to Haufe Lexware GmbH & Co. KG for 2026 in the regulator's official awarded contracts register. The contract details are available on BaFin's website under the German public procurement disclosures. This affects Haufe Lexware GmbH as the awarded contractor and BaFin as the contracting authority.

FPM MIN App Fraud Warning - Identity Theft Confirmed

BaFin issued a consumer warning confirming identity theft involving the FPM MIN app and associated WhatsApp groups. Unknown fraudsters are impersonating FPM Frankfurt Performance Management AG and its board member Raik Hoffmann to lure consumers into investing substantial sums through an unauthorized mobile application. The warning is issued under Section 37(4) of the German Banking Act (KWG).

BaFin Warning: FPM MIN Fake Investment App and WhatsApp Fraud

BaFin issued a consumer warning about identity theft involving the fake investment app 'FPM MIN' and WhatsApp groups falsely claiming association with FPM Frankfurt Performance Management AG. Fraudsters impersonate Professor Raik Hoffmann to deceive investors into transferring significant funds. The warning notes suspected unauthorized provision of financial and securities services in Germany under § 37 Absatz 4 Kreditwesengesetz.

Warning Against Unauthorized Banking Services on bahnemanninvest.net

BaFin issued a consumer warning against bahnemanninvest.net, a website offering fixed deposits and financial services without the required authorization. The website fraudulently uses the name of Dieter Bahnemann Fondsinvest GmbH, which has no connection to the site. This is a routine consumer protection advisory under the German Banking Act and Crypto Markets Supervisory Act.

Warning: bahnemanninvest.net - Unauthorized Financial Services and Identity Fraud

BaFin issued a consumer warning against bahnemanninvest.net for offering unauthorized financial, investment, and crypto asset services. The website falsely claims association with Dieter Bahnemann Fondsinvest GmbH, constituting identity fraud. Consumers are advised to verify company authorization via BaFin's database before engaging in online financial transactions.

Identity Theft Warning -martin.segler@spar-direkt.com Unlicensed Banking

BaFin issued a consumer warning on April 7, 2026, alerting the public to unauthorized fixed deposit offers being promoted via the email address martin.segler(at)spar-direkt(.)com. The unknown operators are conducting unlicensed banking business and financial services without BaFin authorization. Xaver Asset Management GmbH has been identified as a victim of identity theft, having no connection to the fraudulent offerings.

Warning Against Unauthorized Deposit Offers - Identity Theft

BaFin has issued a consumer warning against fraudulent fixed-term deposit offers sent from the email address martin.segler@spar-direkt.com. The unknown operators are conducting unauthorized banking business and financial services, falsely claiming association with Xaver Asset Management GmbH in what BaFin has identified as an identity theft scheme. The warning was issued under Section 37(4) of the German Banking Act (KWG) and Section 10(7) of the German Cryptomarkets Supervision Act (KMAG).

Warning: investing-in.pro Unauthorised Financial Services

BaFin issued a consumer warning about the website investing-in.pro, suspected of offering financial and investment services without the required authorisation under German law. The operators use the name "Investing In" and have now added this domain to previously warned websites. BaFin advises consumers to verify company authorisation status in its database before engaging with any financial service provider.

German Banks Authorized IRB Approach Under CRR

BaFin published an updated database listing German banks and parent companies authorized to use the Internal Ratings-Based (IRB) approach for credit risk under Article 143 of EU Regulation No. 575/2013 (CRR). The list includes 31 institutions with permissions granted at either consolidated basis, individual basis, or both. This database serves as the authoritative reference for identifying which German credit institutions are permitted to calculate regulatory capital requirements using internal risk models.