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Bafin imposes €8 million fine on Deutsche Bank for WpHG violations

Bafin has imposed administrative fines totaling €8 million on Deutsche Bank Aktiengesellschaft for violations of the German Securities Trading Act related to IT migration issues.

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On 11 November 2026, the Federal Financial Supervisory Authority (Bafin) imposed administrative fines totaling €8 million on Deutsche Bank Aktiengesellschaft. The fines were due to violations of the German Securities Trading Act (WpHG) related to shortcomings in the migration of Postbank customers to Deutsche Bank's shared IT platform, known as Project Unity.

Bafin relied on the German Securities Trading Act (WpHG) for this enforcement action, specifically citing the company's contraventions during the IT migration process.

The enforcement action applies specifically to Deutsche Bank Aktiengesellschaft, which is identified as the entity responsible for the violations.

The material does not specify any deadlines, transitional periods, or exemptions related to this enforcement action.

Source: BaFin, official publication, retrieved 2026-11-13

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