Informing the Deutsche Bundesbank and BaFin of the intention to appoint a manager or to authorise a person to act as sole representative

If you, as a bank or financial services company, intend to appoint a person to the management or to authorise a person to represent your institution on an individual basis, you must inform the Deutsche Bundesbank and BaFin.

In your information, you must state all facts that are relevant for the assessment

• reliability,
• professional suitability
• and sufficient time availability to perform the respective tasks of the person concerned.

of the person concerned.

If new facts have arisen that have a significant impact on the original assessment of reliability, professional suitability and sufficient availability, you must also report these.

• Form "Information on reliability, availability and other mandates".
• Meaningful curriculum vitae of the named persons. This must be complete, full and true and contain the following information:
  • Surname, all first names and maiden name,
  • the date of birth
  • the place of birth
  • the place of residence,
  • nationality,
  • a detailed description of the person's professional background,
  • the names of all companies for which this person works or has worked and
  • information on the nature and duration of the respective activity, including secondary activities.

The focus of the CV must be on the stages of professional life. For the individual stations, not only the year but also the month in which the activity began and ended must be stated.

• Certificates of employment relating to jobs performed in the last 3 years prior to submitting the application.
• Declaration by the persons concerned as to whether, to their knowledge
  • criminal proceedings are being or have been brought against them for a felony or misdemeanor,
  • administrative offense proceedings or comparable proceedings are being conducted against them in connection with a business or other professional activity or have been concluded with a fine or other sanction,
  • a supervisory authority has initiated or conducted a background check or aptitude test under trade law or supervisory proceedings for the adoption of measures against them,
  • a public authority has refused, suspended, withdrawn, revoked or deleted a license, membership or entry in the register in their name or in the name of a company or trade managed by them, or the exercise of a profession, the operation of a trade or the representation or management of the business has been prohibited in any other way or corresponding proceedings are being conducted, or
  • it or a company managed by it is or was involved as a debtor in insolvency proceedings, in proceedings for the submission of an affidavit or in comparable proceedings.
    

Forms: yes
Online procedure possible: no
Written form required: yes
Personal appearance required: no

There is no provision for appeal.

You would like to inform BaFin of the intention to appoint a person to the management and the intention to authorize a person to represent the institution individually:

• Go to the BaFin website.
• Download the form "Information on reliability, time availability and other mandates KWG".
• Fill out the form completely and truthfully.
• You can complete the form directly on your PC and then print it out.
• Send the completed form with all required documents by post to BaFin.

You must file the complaint immediately.

different, case-dependent

You do not have to pay anything for the message.