Constantly tightening regulatory standards are forcing financial institutions to continuously adjust to ensure compliance with a diverse range of reporting requirements.
In addition to communicating with various supervisory authorities (German Federal Financial Surpervisory Authority – BaFIN, the German Central Bank, and the German Federal Central Tax Office), the different reporting periods must also be taken into consideration.
SECTRAS offers an efficient and individually customisable solution portfolio to manage securities reporting requirements in Germany.
A list of some of the reporting procedures available can be found in the following overview.