The Federal Financial Supervisory Authority, known as BaFin, is Germany's unified financial regulator, formed on May 1, 2002 and operating as an autonomous federal institution under the oversight of the Federal Ministry of Finance, with offices in Bonn and Frankfurt am Main. It supervises the safety and soundness of the German financial system, overseeing approximately 2,700 banks, 800 financial services firms, and more than 700 insurance companies, and employed just under 3,000 staff at the end of 2024.
Facts
Founding YearSourced to the subject's own account Founding DateSourced to the subject's own account HeadquartersSourced to the subject's own accountBonn and Frankfurt, Germany 1 Classification
Institution SubtypeSourced to the subject's own account Geography
Country or Jurisdiction Served In the Other Atlases
- Also in Geography Atlas: Bonn, located there.
- Also in Geography Atlas: Frankfurt, located there.
Sources
1. Federal Financial Supervisory Authority (Wikipedia)
Wikipedialead paragraph, formation sentence
BaFin was formed on 1 May 2002 by the merger of the Bundesaufsichtsamt fur das Kreditwesen, the Federal Insurance Supervisory Office
lead paragraph, headquarters sentence
It is an independent federal institution with headquarters in Bonn and Frankfurt
Introduction, institution-subtype
The Federal Financial Supervisory Authority, known as BaFin, is Germany's unified financial regulator, formed on May 1, 2002 and operating as an autonomous federal institution under the oversight of the Federal Ministry of Finance, with offices in Bonn and Frankfurt am Main.
View the Source 2. Federal Financial Supervisory Authority (BaFin) (Wikipedia)
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