BaFin (Bundesanstalt Für from Finanzdienstleistungsaufsich) is a
regulatory body Forex born in Germany in 2002. The federal authority for
the supervision of the financial sector is a public organization in an
independent character and subject to strict technical and legal
supervision of the Federal Ministry of Finance.
Being a public organization, the BaFin draws funds from contributions and fees from the institutions that submit to his watch.Goals
The BaFin (in English: Federal Financial Supervisory Authority) arises
to ensure the proper functioning of markets along with maintaining the
stability and integrity of the German financial sector.
Among the functions associated with BaFin fall:
- Banking Supervision;- Supervision of insurance systems;- Supervision of the stock markets;- Cooperation with the German Bundesbank.
- For more information:
Please visit BaFin.de (available in English and German)
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