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What does "License: §32 KWG" mean?
What does "License: §32 KWG" mean?

BaFin, regulations, KWG

Vor über einer Woche aktualisiert

In Wealth Management, investors delegate decisions about their financial investments to the Wealth Manager by power of attorney in accordance with §32 of the German Banking Act (KWG). The Wealth Manager invests with consideration of the investor's risk structure as determined by the multiple-choice interview in order to achieve the highest possible returns for the investor. Our wealth management is subject to approval by the German Federal Financial Supervisory Authority (BaFin).

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