BaFin (Federal Financial Supervisory Authority)

BaFin (Federal Financial Supervisory Authority) is Germany’s main agency responsible for overseeing banks, insurance companies, and financial markets. Its role is to ensure these institutions operate safely, transparently, and fairly, protecting consumers and maintaining financial stability. BaFin sets rules, monitors compliance, and takes action against misconduct or risks that could threaten the economy. By doing so, it helps maintain trust in Germany’s financial system and prevents financial crises.