BaFin said Deutsche Bank submitted suspicious transaction reports to the FIU "with a delay".
October 23, 2023The government has acknowledged that the FIU did not disclose a backlog of over 100,000 unprocessed suspicious activity reports to the FATF during its last evaluation.
October 17, 2023BaFin apologised for the inconvenience and said it is working "intensively" to restore full access to its website.
September 5, 2023BaFin fined N26 in 2021 but says it still has deficiencies. N26 will be restricted to onboarding no more than 50,000 new customers per month until the deficiencies are resolved.
July 21, 2023The European Banking Authority (EBA) called upon EU central banks and financial regulators to do more to tackle money laundering/terrorist financing risk despite having made tangible progress through prudential supervision.
July 12, 2023The ‘Federal Authority for Fighting Financial Crime" will absorb the functions of the FIU and also be responsible for enforcing international sanctions.
April 3, 2023French and German regulators will give banks 18 extra months to find new ways to settle India trades, following ESMA decision to de-recognise Indian CCPs.
February 22, 2023A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities.
February 1, 2023Business organisation and risk management deficiencies were identified at Eurex Clearing, Clearstream Banking and Clearstream Holding.
January 10, 2023The regulator said the bank's internal organisation did not meet legal requirements, without disclosing further details.
December 23, 2022