Companies that distribute and/or redeem e-money on a businesslike basis on behalf of – predominantly (predominantly) foreign – e-money institutions and credit institutions. This activity is subject to supervision by the Federal Financial Supervisory Authority (BaFin) pursuant to Section 1a (6) ZAG. – Cf. BaFin Annual Report 2012, p. 162 (almost all BaFin examinations of agents revealed serious deficiencies in some cases, especially with regard to obligations under money laundering law), BaFin Annual Report 2013, p. 113 (persistent deficiencies identified).
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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/