Law, authorities and health
BaFin
Abbreviation for Bundesanstalt für Finanzdienstleistungsaufsicht
In short and in plain language
BaFin is the German office that watches over banks and insurers.
It also watches the trade in shares and bonds.
It gives tips for people at home, too. One topic is online banking.
Definition
BaFin is the German Federal Financial Supervisory Authority for banks, insurers and securities trading. It also publishes information for consumers, for example on online banking.