MIL OSI Translation. Region: Germany / Deutschland –
Source: Federal Financial Supervisory Authority BaFin has filed against a leasing institute S. d. Section 1 (1a) no.10 of the German Banking Act (Kreditwesengesetz – KWG) with a decision dated July 24, 2020 on the basis of Article 56 (2) no.11 lit. b) KWG imposed a fine of EUR 2,500.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.