Aggregated News From Investment Management Regulators

Digiteck UG (haftungsbeschränkt), Berlin.: BaFin issues cease and desist order to immediately stop and wind up unauthorized money remittance business

Report/Flag

Please complete the required fields.



As of 6 February 2019, BaFin issued a cease and desist order to Digiteck UG (haftungsbeschränkt), Berlin, to stop and wind up the unauthorized money remittance business immediately.

Digiteck UG (haftungsbeschränkt) accepts funds from private persons on its own accounts for the sole purpose of transferring these funds to mainly foreign accounts of companies based abroad.

The administrative order is final.

Regulator Information

Recent Articles

McCarter Capital Partners

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

TorexFX/42 Marketing Limited (clone of FCA authorised firm)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out...

Federal Reserve Board issues enforcement action with Texico Bancshares Corporation and Texico State Bank

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.

eagle advisory services

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

BAM Bundesweites Anlagenmanagement UG (haftungsbeschränkt), Hamburg/Berlin: information from BaFin with regard to the winding up of unauthorised deposit business

After reviewing the situation, BaFin has made the following arrangements to ensure that the purported “blocked accounts” (Sperrkonten) are wound up in an orderly manner. I.

Get the latest from Regulatory.News in your inbox!

×