The need to focus on attempted security violations also needs to be taken care of since these offer themselves as excellent early warning signals which, if left unattended or improperly attended, may result in substantial losses and a small lapse often becomes a mega event due to lack of right decision at the right time.
We respond to such requests pragmatically. That is, we provide financial institutions with quick and reliable guidance and clarity on the requirements for establishing a licensed entity here in Germany and aid a smooth transition. One important issue in this regard are the rules related to outsourcing.