Cross-border business (also referred to in German as cross-border offers)

A financial services provider domiciled abroad that does not have a branch in Germany approaches customers in the domestic market – purposefully via the Internet or – through domestic intermediaries. – The German Federal Financial Supervisory Authority (BaFin) considers such activities to be subject to licensing and has also published a fact sheet on the subject. – Cf. BaFin Annual Report 2007, p. 209 f. (legal dispute in this case), BaFin Annual Report 2009, p. 233 (fundamental decision).

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/