Licentium

From the journal

Bafin imposes fines for market manipulation violations

On 24 August 2026, Bafin imposed administrative fines of €1,900 and €1,650 on two individuals for market manipulation under the Market Abuse Regulation.

1 min read

On 24 August 2026, the Federal Financial Supervisory Authority (Bafin) imposed administrative fines of €1,900 on one natural person and €1,650 on another natural person for violations related to market manipulation.

Bafin relied on the Market Abuse Regulation to impose these fines, specifically addressing violations of its provisions.

The fines apply to the two identified natural persons involved in the market manipulation activities.

The material does not specify any deadlines, transitional periods, or exemptions related to these fines.

This enforcement action emphasizes the need for compliance with market abuse regulations, which may impact individuals engaged in trading activities.

Source: BaFin, official publication, retrieved 2026-09-05

More from the journal

See all

Earned wage access regulation for a Philippine app entering the UK

A hypothetical Philippine fintech supplies an app through which UK employees request part of their accrued net wages before payday. Employers provide time-worked and payroll data, and the next payroll run reconciles payments and charges. Which arrangements remain a payroll feature, which create regulated credit or payment services, and which structure should the company launch? The proposed first employer is in England and Wales; the financial-services analysis addresses UK entry, with Philippine obligations assessed separately by activity.

EU Digital Identity Wallet KYC through a UAE fintech app

A UAE technology company plans to use credentials from European Digital Identity Wallets when customers apply for accounts supplied by an EU financial institution. This hypothetical uses a mainland Dubai company, a German-authorised electronic-money institution and an initial service for adults resident in Germany. Three variants are compared: the institution requests credentials and returns a result, the UAE firm seeks its own relying-party status, or an identity vendor verifies for both organisations. The account provider retains its onboarding responsibility in each arrangement.

CARF crypto reporting and DAC8 crypto duties for one international platform

A UK-based crypto group serves customers resident in the European Union and Brazil through one app and several affiliated companies. This hypothetical case study follows the group’s 2026 reporting decisions under the EU’s DAC8 rules, national CARF implementation and Brazil’s DeCripto requirements. The central question is which legal entity must collect information and report each activity, and when a filing can discharge another obligation.

Ready to launch without the regulatory guesswork?

Book a 30-minute consultation with a senior advisor and talk through your route.

Get started

Where to go from here

Try Licentium AI

Licentium's AI workspace for regulatory questions. Web3 and AI teams shipping fast.

Browse the Fintech Licensing Hub

Jurisdiction-by-jurisdiction guides on licensing pathways, timelines, and costs.

Talk to us

Book a 30-minute consultation. We'll map your path and tell you what's required.