Regulatory services

In the wake of the financial crisis, the banking sector has undergone some lasting changes and regulation has been noticeably ramped up o again. Basel III, CRR, CRD IV, Solvency II, MaRisk, MiFID, EMIR and KAGB/AIFMD all set out rules that only financial institutions had to be roll out and implement . However, now the SREP (Supervisory Review and Evaluation Process) is extremely important for European banks too as part of supervision by the European Central Bank (ECB) and Deutsche Bundesbank. As a result, it is more crucial than ever that implementation processes are efficient and that supervisory requirements stipulated by law are applied effectively and efficiently.

We provide our regulatory services with the aim of assisting financial institutions, insurers, pension funds and asset managers with a wide range of supervisory processes. We advise on licence applications and ownership control procedures as well as during restructuring and incorporation processes. On this note, we also offer support in particular to foreign investors and financial services companies looking to enter the German market. In this regard, we adopt an interdisciplinary approach to all relevant issues, including regulatory and corporate law advice (BDO Legal).

The BDO Financial Services team advises in line with the EBA guidelines on the standardised Supervisory Review and Evaluation Process (SREP), with a particular focus on business model analysis (BMA) and internal governance.