🇩🇪Germany

BaFin-Lizenzverstöße bei Kreditvermittlung

1 verified sources

Definition

Loan submission processes qualify as licensable banking business under German law, requiring prior BaFin authorization. Non-compliance during manual submissions to wholesale lenders triggers regulatory penalties.

Key Findings

  • Financial Impact: €5,000-€500,000 fine per violation; license revocation costs €100,000+ in lost revenue
  • Frequency: Per unauthorized submission or audit discovery
  • Root Cause: Manual submissions without automated BaFin license status verification

Why This Matters

This pain point represents a significant opportunity for B2B solutions targeting Loan Brokers.

Affected Stakeholders

Loan Broker Owner, Compliance Officer, Operations Manager

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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