Federal Financial Supervisory Authority

The Federal Financial Supervisory Authority (German: Bundesanstalt für Finanzdienstleistungsaufsicht), better known by its abbreviation BaFin, is Germany's integrated financial supervisory authority. It is an independent federal institution with headquarters in Bonn and Frankfurt and falls under the supervision of the Federal Ministry of Finance. BaFin supervises about 2,700 banks, 800 financial services institutions, and over 700 insurance undertakings.

Under European Union policy frameworks, BaFin is the national competent authority for Germany within European Banking Supervision. It is a voting member of the respective Boards of Supervisors of the European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA), and European Securities and Markets Authority (ESMA). It is Germany's designated National Resolution Authority and plenary session member of the Single Resolution Board (SRB). It provides the permanent single common representative for Germany in the Supervisory composition of the General Board of the Anti-Money Laundering Authority (AMLA). It is also a member of the European Systemic Risk Board (ESRB).