#BGBl. 2026 I Nr. 52Ordinance Amending the Ordinance on the Transfer of Powers to Issue Legal Ordinances to the Federal Financial Supervisory Authority
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This German federal ordinance, issued on February 25, 2026, and published in the Federal Law Gazette (BGBl. I Nr. 52) on March 4, 2026, amends a prior regulation that delegates authority to the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany's Federal Financial Supervisory Authority. The amendment expands or adjusts BaFin's delegated powers to independently issue legal ordinances (Rechtsverordnungen) in financial supervision matters, streamlining regulatory processes without requiring direct ministerial approval each time. Led by the Federal Ministry of Finance (Bundesministerium der Finanzen) under subject area Aufsichtsrechtliche Vorschriften (supervisory law provisions), it aims to enhance BaFin's agility in responding to dynamic financial markets.
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Key Changes
- Amends prior ordinance on transferring ordinance-issuing powers to BaFin
- Expands BaFin's authority to issue Rechtsverordnungen independently
- Effective from issuance date February 25, 2026
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