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MIL OSI Translation. Region: Germany / Deutschland –

Source: Federal Financial Supervisory Authority BaFin has filed an action against a financial services institute i. S. d. Section 1 (1a) of the German Banking Act (Kreditwesengesetz – KWG) with a decision dated May 20, 2020 based on Section 56 (2) No. 11 lit. b) KWG set four fines totaling EUR 3,000.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

MIL Translation OSI