We audit the annual financial statements of credit institutions required to undergo audits. The basis for our work includes Sections 26 and 29 of the German Banking Act (KWG) and additional specialized regulations (notably the Anti-Money Laundering Act, MaRisk, InstitutsVergV, German Commercial Code, RechKredV, etc.). Particular emphasis is placed on organizational obligations under Section 25a KWG (minimum requirements for risk management). Compliance with the Anti-Money Laundering Act is also a major focus.

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For financial service providers subject to the Securities Trading Act (WpHG), we conduct audits under Section 89 WpHG. We consider reporting obligations under Sections 36 and 9 WpHG as well as conduct rules under Sections 31 ff. Our audit emphasizes compliance with WpHG, MaComp, WpDVerOV, the Investment Code, and relevant supervisory regulations.

We perform annual and event-triggered audits of intermediaries in investment fund shares and closed-end investments. Our scope includes audits under Section 24 MaBV and FinVermV, and we also perform functional audits of sales firms.

We assist you with initial licensing (especially business model, business plan, and capital requirements), enlarging your license scope, appointing (new) management, or granting individual power of attorney.

To relieve your burden, we take on: compliance functions (MaRisk & WpHG compliance), internal audit, fraud prevention (Section 25 KWG), anti-money laundering officer, whistleblower system under Section 25a (1), sentence 6, No. 3 KWG.

We support financial institutions in establishing internal audit — a key component of risk management. We guide you on fulfilling banking supervisory requirements and legal frameworks. We also offer assistance in credit audits, anti-money laundering systems, securities compliance, internal investigations, and misappropriation audits under IDW PS 210.

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