The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) will be using its reporting and publication platform portal (Portal der Melde- und Veröffentlichungsplattform, MVP-Portal) for certain notifications in relation to Anti-Money Laundering requirements in the future.
In particular, this concerns all matters relating to the Money Laundering Reporting Officers and their deputies which must be notified to BaFin in advance, covering:
- the appointment;
- changes (if any, e.g., contact details);
- the dismissal.
The submission of a notification via this digital channel requires a registration on BaFin’s MVP-Portal and BaFin’s authorization for the “specialist procedure ‘Money laundering prevention and terrorist financing’” (“Fachverfahren ‘Geldwäscheprävention und Terrorismusfinanzierung’”). The digital notification will be of full legal effect, and it will no longer be necessary to send written forms by post. The new procedure is open to all obliged entities under BaFin’s supervision since June 13, 2025.
