BaFin

BaFin, or the Federal Financial Supervisory Authority, is Germany’s main regulatory agency responsible for overseeing banks, financial services, insurance companies, and securities trading. Its goal is to ensure the stability and integrity of the financial system, protect consumers, and prevent financial crimes. BaFin sets rules, monitors compliance, and takes action if institutions violate regulations. Think of it as the watchdog that helps keep Germany’s financial markets fair, transparent, and secure for everyone.