European Union

EDPB Letter to EC on US Entry Privacy Implications

The European Data Protection Board (EDPB) has sent a letter to the European Commission expressing concerns regarding the privacy implications of recent US legislative developments affecting entry conditions for EEA citizens. The letter highlights potential risks to data protection and fundamental rights.

EDPB-EDPS Opinion on Biotech Act Privacy Implications

The European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) have issued a joint opinion on the privacy implications of the proposed European Biotech Act. The opinion provides guidance on the GDPR compliance aspects of the proposed legislation.

BaFin Warns Mjolnex Offers Unauthorized Financial Services

Germany's Federal Financial Supervisory Authority (BaFin) has issued a warning against Mjolnex for allegedly offering financial, investment, and crypto asset services without the required authorization. The warning targets offers made on the website mjolnex-ltd(.)com.

BaFin Warns of Unauthorized Financial Services by Mjolnex

Germany's financial regulator, BaFin, has issued a warning regarding the website mjolnex-ltd.com, operated by Mjolnex, which is allegedly offering unauthorized financial and crypto-asset services. The warning serves to alert consumers to potential fraudulent activities and to emphasize the requirement for BaFin authorization for such services.

BaFin Orders DFS Asset Management to Cease Unauthorized Business

Germany's BaFin has ordered DFS Asset Management GmbH to immediately cease and wind down its unauthorized deposit business. The company accepted funds through contracts for bearer partial debentures without the necessary authorization, violating banking laws. The order is immediately enforceable.

BaFin Warns Consumers About Unauthorized Website

The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers regarding the website europecapitalmarkets(.)com. BaFin has received information indicating that the operators are conducting banking business and/or financial services without the necessary authorization and are not supervised by BaFin.

BaFin Warns Consumers About Unauthorized Investment Platforms

BaFin has issued a warning to consumers regarding a series of unauthorized online platforms operating under the slogan 'Invest and trade 300+'. These platforms are offering financial, investment, and cryptoasset services without the necessary authorization from BaFin, and some are engaging in identity theft of legitimate investment funds.

BaFin Warns of Unauthorized Investment Offers on WhatsApp

Germany's BaFin has issued a warning regarding unauthorized investment offers from Prometheus Investment Alliance (PIA) being promoted on WhatsApp. The firm allegedly operates without the necessary authorization to offer financial instruments and crypto-asset services, potentially engaging in investment fraud.

BaFin Warns Against VYNEX Trade Offers on WhatsApp

Germany's BaFin has issued a warning against VYNEX Trade, which is allegedly offering unauthorized financial and crypto-asset services via WhatsApp groups and the Lirunex Trading app. BaFin advises consumers to exercise extreme caution and verify authorization before investing.

BaFin Warns novaprimemarks(.)ltd Over Unauthorized Crypto Services

Germany's financial regulator, BaFin, has issued a warning against novaprimemarks(.)ltd for offering unauthorized crypto services. The company is allegedly providing trading services for crypto assets, stocks, and commodities without the required BaFin license. Consumers are advised to exercise caution with online investments.