Bundesbank further proposes supervisory actions to BaFin being the authority with the sole responsibility for all legal acts (in particular, granting and withdrawing licenses, closing operations of a bank, restricting business of institutions etc.).
Looking at the organisational structures of both institutions the current division of duties between BaFin and Bundesbank makes a lot of sense: Different from BaFin Bundesbank is present all over the country in its nine regional offices.