Germany: Financial Services

As we enter 2026, it has become increasingly clear that EU financial regulation is no longer evolving in isolation. Instead, it is increasingly evident that the global financial system is no longer adjusting to temporary disruption but is instead operating within a structurally altered geopolitical, economic and regulatory environment.

Every year, usually during the fourth quarter, the Banking Union relevant authorities, comprised of the European Central Bank (ECB), acting at the helm of the Single Supervisory Mechanism...

On 9 September 2025, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin)...