Inform the Deutsche Bundesbank and BaFin of the execution, abandonment or change of the intention to appoint a person to the management or to authorise a person to act as sole representative

If you, as a bank or financial services company, intend to appoint a managing director or authorise a person to act as sole representative of your institution and have carried out, abandoned or changed this intention, you must inform 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.

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 about the execution, abandonment or change of the intention to appoint a managing director or the authorization of a person to represent the institution individually:

• Go to the BaFin website.
• Fill in the required forms completely and truthfully.
• You can complete the forms directly on your PC and then print them out.
• Send the completed forms with all the 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.