BaFin - Federal Financial Supervisory Authority

BaFin imposed an administrative fine amounting to 8.66 million euros on Deutsche Bank AG. As a supervised contributor, Deutsche Bank AG at times did not have in place effective preventive systems, controls and policies to ensure the integrity and reliability of all contributions of input data to the administrator.

Source

Published on Dec. 29th, 2021 Published on Dec. 29th, 2021

To read more operational risk news, register for free on MSTAR Platform.

Register for free