Aggregated News From Investment Management Regulators

Adler Group B.V. has no authorisation under section 32 of the German Banking Act (Kreditwesengesetz – KWG)

Report/Flag

Please complete the required fields.



BaFin hereby announces that it has not granted Adler Group B.V. authorisation to conduct banking business or provide financial services under section 32 of the KWG. The company allegedly operates branches in Kerkrade and Amsterdam, the Netherlands, Miami, USA, London, United Kingdom, and Berlin, Germany. The company is not subject to supervision by BaFin.

The German-language website “adler-group.nl” features an image of an eagle, which symbolises the German state, together with a circle of gold stars as a symbol for the EU; this gives the impression that the company has been authorised by financial supervisors in the Federal Republic of Germany and in the European Union.

However, this is not the case.

Please note:

In accordance with section 4 (4) of the Act Establishing the Federal Financial Supervisory Authority (FinanzdienstleistungsaufsichtsgesetzFinDAG), BaFin performs its functions and exercises its powers exclusively in the public interest. We have a statutory duty of confidentiality and are therefore unable to provide third parties with information on the current status or results of administrative proceedings.

However, we would appreciate your assistance: should you have any information regarding the providers mentioned above , e.g. contract templates, e-mail addresses, telephone or fax numbers of the respective contact persons, account details, etc., please do not hesitate to get in touch with our contact point for whistleblowers.

Source link

Regulator Information

Recent Articles

SEC Charges Former Pharmaceutical Global IT Manager in $8 Million Insider Trading Scheme

Washington D.C., Sept. 17, 2021 — The Securities and Exchange Commission today announced insider trading charges against Dayakar R.

SEC Awards $11.5 Million to Two Whistleblowers

Washington D.C., Sept. 17, 2021 — The Securities and Exchange Commission today announced awards of approximately $11.

Issuance of Executive Order Imposing Sanctions on Certain Persons with Respect to the Humanitarian and Human Rights Crisis in Ethiopia; Ethiopia General Licenses and...

The President has signed a new Executive Order Imposing Sanctions on Certain Persons with Respect to the Humanitarian and Human Rights Crisis in Ethiopia.  OFAC has...

CVM suspends registration of 3 subsidized companies

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content...

CFPB Report: Renters at Risk as COVID-19 Safety Net Ends

Stimulus Checks and Other Payment Relief Linked to Renters’ Financial Stability WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a report warning...

Get the latest from Regulatory.News in your inbox!

×