Bundesanstalt für Finanzdienstleistungsaufsicht

Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) is the national financial supervisory authority in Germany. It is responsible for ensuring the stability and integrity of the German financial system, protecting investors, and promoting consumer protection within the financial industry. BaFin oversees various sectors, including banks, financial services providers, insurance companies, pension funds, and fintech companies.

It focuses on risk management, prevention of money laundering and financing of terrorism, as well as the supervision of financial markets and securities. In addition to its regulatory role, BaFin provides important services to consumers. It offers a consumer hotline for inquiries and complaints, and it provides resources and tools to help individuals recognize and report financial fraud.

BaFin also educates consumers about financial products and services, including banking, loans, real estate financing, investments, insurance, and retirement planning. Through its efficient and transparent oversight, BaFin ensures the stability and integrity of the German financial system and promotes trust and confidence among consumers and investors alike