Banking & Finance

BaFin Warns Against Unauthorized Mjolnex Offers

Germany's BaFin has issued a warning against Mjolnex for offering financial, investment, and crypto asset services without the required authorization. The warning pertains to offers made on the website mjolnex-ltd.com and highlights the risks to consumers.

BaFin Notice on Financial Fraud During Global Money Week

BaFin is issuing a notice to inform consumers about financial fraud during Global Money Week. The notice highlights common scams and provides guidance on how to protect oneself, coinciding with a webinar on March 17, 2026.

BaFin Warns Fides Ventures and Nexquant for Fraudulent Activities

BaFin has issued a warning regarding Fides Ventures and Nexquant for engaging in fraudulent activities targeting German investors. Fides Ventures uses WhatsApp groups to promote an "FIVS token" and directs investors to the Nexquant crypto exchange, which offers financial and cryptoasset services without authorization.

BaFin Warns Consumers About Unauthorized Financial Services

BaFin has issued a warning to consumers regarding the website obsidian-group(.)org, which is suspected of offering financial, investment, and cryptoasset services without the required authorization. The warning is based on information indicating the site is operating without BaFin's approval and may be linked to previously warned entities.

BaFin Warns Commercehelden GmbH Over Missing Sales Prospectus

Germany's BaFin has issued a warning against Commercehelden GmbH and Marketplace24-7 GmbH for allegedly offering investment products ('Amazon-Warenpakete') without a required sales prospectus. This action highlights BaFin's enforcement of prospectus publication requirements under the German Securities Prospectus Act.

BaFin flags Marketplace24-7 GmbH for missing sales prospectus

The German financial regulator BaFin has issued a notice flagging Marketplace24-7 GmbH for offering investment products in Germany without a required sales prospectus. The company, along with Commercehelden GmbH, is suspected of publicly offering "Amazon-Warenpaketen" without BaFin approval, violating German securities law.

BaFin General Administrative Act on Countercyclical Capital Buffer

BaFin has increased the domestic countercyclical capital buffer rate to 0.75 percent, effective February 1, 2022. This new rate will be used for institution-specific calculations starting February 1, 2023. The act supersedes the previous administrative act from March 31, 2020.

BaFin Administrative Act on Cross-Border Insurance Activities

BaFin has issued a general administrative act to regulate the conduct and run-off of cross-border activities of insurance undertakings. This act provides specific criteria and outlines the discretionary powers and proportionality considerations for BaFin's orders.

BaFin Decreases Domestic Countercyclical Capital Buffer Rate

BaFin has issued a General Administrative Act reducing the domestic countercyclical capital buffer rate to 0% effective April 1, 2020. This measure aims to support credit institutions during the current economic situation.

BaFin General Administrative Act on Countercyclical Capital Buffer

BaFin has issued a general administrative act increasing the domestic countercyclical capital buffer rate to 0.25%. This change is effective July 1, 2019, and will be used for institution-specific calculations starting July 1, 2020. The act applies to various financial institutions.