Ibhange
Ilayisense lokuphatha ibhizinisi lebhange (CRR isigungu sezimali)
Isikhathii-BaFin kumele ithathe isigqibo ngaphakathi 6 kwezinyanga zedokhumenti eziphelele (KWG § 33(4)); CRD isithombe 15 ivala isiqukathi ku 12 amasonto ngemuva kokuthola IgunyaECB ngesinqumo se-BaFin Kungakapheli ama-EUR ayizigidi ezingama-5 eziqalayo emnothweni we-Common Equity Tier 1 wezinhlangano zezimali ze-CRR (KWG § 33(1) no. 1 d)
- Umthetho
- Kreditwesengesetz (KWG) §§ 32 and 33; Regulation (EU) No 1024/2013 (SSM) art. 14
- Ukudluliswa kwepasipoti
- Yebo: ipasipoti ye-EU ngaphansi kwe CRD (iMibandela 33 kuya ku-39) yezifunda kanye nezinsizakalo ezidlula emgwaqweni
Izidingo ezibalulekile- I-ofisi eyinhloko nendawo yokungena ebhalisiwe eJalimane (KWG § 33(1))
- Inani elincane lama-managing directors asebenza isikhathi esigcwele abathembekile futhi abanekhono
- Ababambe iqhaza elibalulekile
- Iphuzu lebhizinisi nesakhiwo senhlangano kanye nokulawulwa kwangaphakathi
Sources(4)
- Gesetze im Internet: Kreditwesengesetz (KWG) § 32 Erlaubnis · checked 2026-10-07
- Gesetze im Internet: Kreditwesengesetz (KWG) § 33 Versagung der Erlaubnis (initial capital, decision deadline) · checked 2026-10-07
- ECB Banking Supervision: Authorisation (licensing) · checked 2026-10-07
- EUR-Lex: Directive 2013/36/EU (CRD), Art. 12 initial capital and Art. 15 decision deadline (consolidated) · checked 2026-10-07
Inhlangano yemali-elektroniki
Ilayisense yebhizinisi lemali-elektroniki (E-Geld-Institut)
IsikhathiPSD2 Art. 12: isigqibo ngaphakathi 3 kwezinyanga zesicelo esiphelele Imali-mboleko yokuqala engu-EUR 350,000 (ZAG § 12 no. 3 d)
- Umthetho
- Zahlungsdiensteaufsichtsgesetz (ZAG) §§ 11 and 12
- Ukudluliswa kwepasipoti
- Yebo: ipasipoti ye-EU ngaphansi kwe EMD2/PSD2 ngebhange, ummeli, umhlinzeki noma ukuhlinzekwa mahhala kwezinsizakalo
Izidingo ezibalulekile- Abaphathi abathembekile nabaqeqeshiwe ngokuzimela abanesipiliyoni sokuphatha
- Abanikazi abathembekile bezinqumo ezibalulekile
- Ukuvikelwa kwezimali zabaxhasi (PSD2 isiqendu 10) kanye nohlelo AML
Sources(4)
- Gesetze im Internet: ZAG § 11 Erlaubnis für das Betreiben von E-Geld-Geschäften · checked 2026-10-07
- Gesetze im Internet: ZAG § 12 Versagung der Erlaubnis (initial capital) · checked 2026-10-07
- EUR-Lex: Directive 2009/110/EC (EMD2), Art. 4 initial capital and Art. 5 own funds · checked 2026-10-07
- EUR-Lex: Directive (EU) 2015/2366 (PSD2), Art. 7 initial capital and Art. 12 decision deadline · checked 2026-10-07
Umhlinzeki wezinsizakalo zokukhokha (PSP)
Ilayisense lokuhlinzeka ngezinsizakalo zokukhokha (Zahlungsinstitut)
IsikhathiI-BaFin itshela umfakisicelo ngaphakathi 3 kwezinyanga zokufaka isicelo esigcwele (ZAG § 10(3) I-EUR 125,000 yezinsizakalo zokukhokha ezingu-1 kuya ku-5; i-EUR 50,000 yokuqalisa ukukhokha kuphela; i-EUR 20,000 yokuthumela imali kuphela (ZAG § 12 no. 3)
- Umthetho
- Zahlungsdiensteaufsichtsgesetz (ZAG) §§ 10 and 12
- Ukudluliswa kwepasipoti
- Yebo: ipasipoti ye-EU ngaphansi kwe PSD2 Art. 28 (ibhange, ummeli noma ukuhlinzekwa mahhala kwezinsiza)
Izidingo ezibalulekile- Abaphathi abathembekile nabaqeqeshiwe
- Abanikazi abathembekile bezinqumo ezibalulekile
- Ukuvikelwa kwezimali zabaxhasi (PSD2 isiqendu 10) kanye nohlelo AML
Sources(3)
- Gesetze im Internet: Zahlungsdiensteaufsichtsgesetz (ZAG) § 10 Erlaubnis für das Erbringen von Zahlungsdiensten · checked 2026-10-07
- Gesetze im Internet: ZAG § 12 Versagung der Erlaubnis (initial capital) · checked 2026-10-07
- EUR-Lex: Directive (EU) 2015/2366 (PSD2), Art. 7 initial capital and Art. 12 decision deadline · checked 2026-10-07
Umhlinzeki wenkonzo yezinto ezibonakalayo (VASP)
Ugunyazo lwe-crypto-asset service provider (CASP) ngezansi MiCA
IsikhathiMiCA Isigaba 63: izinsuku ezingu-25 zokusebenza ukubheka ukuthi kuphelele yini, bese ziyizinsuku eziyi-40 zokusebenza ukukhetha isicelo esigcwele (ihora lingahlehliswa uma kunezicelo zemininingwane) MiCA Isigaba 67 neSihluthulelo IV: i-EUR 50,000 (isigaba 1: ukuphatha izicelo, ukubeka, ukudlulisa izinsizakalo, ukufinyelela nokudluliselwa, insizakalo, ukuphathwa kwempahla), i-EUR 125,000 (isigaba 2: ukuhlanganisa ukugcinwa nokulawula, kanye nokushintshana kwemali noma ezinye izinto ezingekho emthethweni), i-EUR 150,000 (isigaba 3: ukuhlanganisa ukusebenza kwephrojekthi yokuhweba); noma isigamu semali ekhokhwayo yonyaka odlule uma iphezulu
- Umthetho
- Regulation (EU) 2023/1114 (MiCA), arts. 59 to 63; Kryptomärkteaufsichtsgesetz (KMAG)
- Ukudluliswa kwepasipoti
- Yebo: MiCA ukugunyazwa kungadluliselwa ezweni lonke le-EU/EEA ngolwazi (MiCA isigaba 65)
Izidingo ezibalulekile- Ikheli elibhalisiwe ezweni lelungu lapho ingxenye encane yezinsizakalo zihlinzekwa khona, indawo yokulawula okusebenzayo e-EU kanye nochwepheshe othile ohlala e-EU (MiCA Isigaba 59(2)
- Inhlangano yokulawula efanelekayo kanye nabanikazi bezimali abafanele
- Ukuvikelwa nokuhlukaniswa kwama-crypto-assets nama-akhawunti ekhasimende, ukuphatha izimangalo, imithetho yokungqubuzana kwezinzuzo
- AML/CFT iphrojekthi kanye nokuhambisana noMthetho wokudlulisa imali (EU) 2023/1113
- Abagibeli belayisense abakhona be-KWG ne-WpIG bangasebenzisa indlela elula (KMAG § 50(3))
Sources(4)
- Gesetze im Internet: Kryptomärkteaufsichtsgesetz (KMAG), table of contents · checked 2026-10-07
- Gesetze im Internet: KMAG § 50 Übergangsvorschrift nach Artikel 143 MiCA · checked 2026-10-07
- EUR-Lex: Regulation (EU) 2023/1114 (MiCA), Arts. 63, 67, 143 and Annex IV · checked 2026-10-07
- ESMA: List of grandfathering periods decided by Member States under Article 143(3) MiCA (version of May 2026) · checked 2026-10-07
Inkampani yokutshala imali
Ilayisense lenkampani yokutshala imali (Wertpapierinstitut)
IsikhathiAkukho kushicilelwe I-EUR 75,000 (i-brokerage, ukulawula i-portfolio, insizakalo noma ukutshala imali ngaphandle kokuphatha imali yomxhasi noma amasevisi), i-EUR 150,000 (amanye amafemu), i-EUR 750,000 (ukuhweba nge-akhawunti yakho, ukubhaliswa noma ukuhweba kwe-OTF nge-akhawunti yakho) (WpIG § 17)
- Umthetho
- Wertpapierinstitutsgesetz (WpIG) §§ 15 and 17; Regulation (EU) 2019/2033 (IFR)
- Ukudluliswa kwepasipoti
- Yebo: MiFID II ipasipoti (isigaba 34 ne-35) yezinsizakalo kanye nezifunda
Izidingo ezibalulekile- Abaphathi abathembekile nabaqeqeshiwe
- Ababambe iqhaza elibalulekile
- Izimali zomuntu siqu kanye nemali etholakalayo ngaphansi kwe IFR
- Izinkampani ezikhulu kakhulu (izimali eziyizigidigidi ezingama-EUR 30, ukuhweba noma ukubhalisa) zidinga ilayisense lenhlangano yekhadi lesikweletu ngaphansi kwe KWG § 32(1)
Sources(4)
- Gesetze im Internet: Wertpapierinstitutsgesetz (WpIG) § 15 Erlaubnis · checked 2026-10-07
- Gesetze im Internet: WpIG § 17 Anfangskapital · checked 2026-10-07
- Gesetze im Internet: Kreditwesengesetz (KWG) § 32 Erlaubnis · checked 2026-10-07
- EUR-Lex: Directive (EU) 2019/2034 (IFD), Art. 9 initial capital · checked 2026-10-07
Umhlinzeki wemidlalo ye-inthanethi
Izivumelwano ze-poker online nemidlalo yemishini yokugembula ebonakalayo, kanye nezemidlalo ye-internet nokubheja kwengulube
Imali encaneAkukho kushicilelwe IsikhathiAkukho kushicilelwe IgunyaI-Gemeinsame Glücksspielbehörde der Länder (GGL), egunyaziwe kusukela ngoJanuwari 1, 2023 - Umthetho
- Glücksspielstaatsvertrag 2021 (GlüStV 2021): §§ 22a and 22b (virtual slots, online poker), § 21 (sports betting), § 27 (horse betting), with §§ 4 to 4c and § 27f(1)
- Ukudluliswa kwepasipoti
- Hayi: izinqumo zezwe kuphela; abasebenza ngelayisense babhalwe ohlwini olumhlophe lwe-GGL
Izidingo ezibalulekile- Hlanganisa izisebenziso ngehlobo lomdlalo usebenzisa ifomu le-GGL kanye nezimemezelo
- Uxhumano kumasistimu we-IT adingekayo, kufaka phakathi i-LUGAS kanye nefayela lokuvimbela umdlali (Spielersperrdatei)
- Uhlobo ngalunye lokubheja kwezemidlalo kufanele kuvunyelwe ngaphambili (GlüStV § 21(5))
- Izikebhe ezidlalwa ngababhejayo zidinga futhi imvume ngaphansi kweRenwett- und Lotteriegesetz
Sources(2)
- GGL: Online-Poker und virtuelle Automatenspiele (licensing information) · checked 2026-10-07
- GGL: Sport- und Pferdewetten im Internet (licensing information) · checked 2026-10-07
Ama-Supervisors
Ubani olawula
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) · websiteIbhange, Izinhlangano zemali ye-elektroniki, Abahlinzeki bezinsizakalo zokukhokha, Izinkampani zokutshala imali, Abahlinzeki bezinkonzo zezimali ezibonakalayo (VASPs)
- i-Deutsche Bundesbank i-Bundesbank iwebhusayithiAmabhange
- Ibhange Eliphakathi Lase-Europe (Uhlelo Olulodwa Lokuhlola) (ECB) · iwebhusayithiAmabhange
- I-Joint Gambling Authority of the Countries (GGL) · websiteOnline gaming
MiCA: iJalimane yafaka isikhathi sokushintshana senyanga engu-12; ngaphansi kweKMAG § 50 izinkokhelo eziqhubekayo zebhizinisi elikhona le-crypto ziphelile ngemuva kokuphela kukaDisemba ka-31, 2025. Imidlalo yethebula lekhasino eline-inthanethi ayikho phakathi kwama-GGL izinhlamvu zokuvunyelwa ezidwetshwe kumakhasi axoxwe ngawo; isimo sabo asikubuyekeziwe lapha. Amalayisense wesicelo se-GGL awabhekwanga kumasayithi axoxwe ngawo. Izinhlangano zokukhokha, izinhlangano zemali ye-e nezinkampani zokutshala imali zilawulwa yi-BaFin ngokulandelana okuqhubekayo kwe-Bundesbank.
