Regulatory Alerts2026-06-30
Added · Updated
Circular 06/2026 (BA): Minimum Requirements for Risk Management - MaRisk
The Federal Financial Supervisory Authority (BaFin) establishes minimum requirements for risk management, internal control systems, and organizational guidelines for institutions supervised by BaFin, including CRD third-country branches and branches of German institutions abroad. The document mandates the implementation of robust governance arrangements, effective risk identification and steering processes, and specific controls for credit, trading, and real estate businesses. It defines materiality thresholds, such as a 5% non-performing loan ratio for specific reporting obligations, and integrates requirements for ESG risks, outsourcing, and stress testing into the proportional framework for small and very small institutions.