Anzeige eines Instituts i.S.d. KWG über die Bestellung eines Mitglieds und stellvertretender Mitglieder des Verwaltungs- oder Aufsichtsorgans Entgegennahme

If you, as a bank or financial services company, intend to appoint a member or deputy member of the administrative or supervisory body, you must inform the Deutsche Bundesbank and BaFin.

In your information you must state all facts that are relevant for the assessment of

• reliability,
• expertise
• and sufficient time to perform the relevant tasks of the person concerned.

of the person concerned.

If new facts have arisen which have a significant impact on an original assessment of good repute, professional competence and sufficient time availability, you must also provide these.

• Form "Information on reliability, time availability and further mandates".
• curriculum vitae without gaps
  • It must contain the following information:
    • Name, all first names and maiden name,
    • date and place of birth,
    • residence,
    • nationality,
    • a detailed statement of professional qualifications,
    • the names of all the undertakings for which that person works or has worked, and
    • details of the nature and duration of the activities in question, including secondary activities.
  • The curriculum vitae must focus on the stages of the applicant's professional life. For each stage, not only the year but also the month of the beginning and end of a job must be indicated.

The appointment of members and deputy members of the administrative and supervisory bodies must be notified to the Deutsche Bundesbank or BaFin, stating the following information:

• Facts that are relevant to the assessment of the
  • Reliability
  • expertise
  • sufficient time availability for the performance of the duties

are necessary.

• New facts affecting the original assessment of the
  • Reliability
  • Expertise
  • sufficient time availability

have a significant effect.

You must report these facts immediately after you learn about them.

You do not have to pay anything for the information.

You would like to inform BaFin about the appointment of a member and deputy members of the administrative or supervisory body:

• Go to the BaFin website.
• Download the form "Information on reliability, time availability and other mandates KWG" there.
• Fill out the form completely and truthfully.
• The curriculum vitae of the persons concerned must be signed and dated by them in their own hand.
• If your credit institution belongs to a cooperative auditing association or is audited by the auditing body of a savings banks and giro association and their notifications of participation are submitted electronically: Please submit your notification through the auditing association or savings banks and giro association.
• Otherwise, send the completed form with all required documents directly to BaFin by post.

different, case-dependent

You must file the complaint immediately.

There is no provision for appeal.

• Notification by an institution within the meaning of the KWG of the appointment of a member and deputy members of the administrative or supervisory body
• Banks or financial services companies wishing to appoint a member and deputy members to an administrative or supervisory body must inform the Deutsche Bundesbank and BaFin of the following
• The changes in personnel must be notified to the Deutsche Bundesbank and BaFin using a form.
• Costs: none
• Processing time: varies, depending on the case
• Responsible: Federal Financial Supervisory Authority (BaFin) and Deutsche Bundesbank

Forms: yes
Online procedure possible: no
Written form required: yes
Personal appearance required: no