Foreign financial asset intermediaries and financial asset advisors Advertisement Unfortunately this specification of service has not yet been completely translated.

As a financial asset intermediary and advisor, you need a permit in Germany. If you only wish to work as a temporary financial investment intermediary, prior written notification to the competent body is sufficient. However, this only applies to EU or EEA citizens.

Proof of nationality (e.B. by identity card or passport) Proof of lawful establishment for the exercise of financial investment intermediaries in a Member State of the EU or a State Party to the Agreement on the European Economic Area Proof that the exercise of these activities is not prohibited, even temporarily Proof that there are no criminal records Documents from the State of establishment demonstrating personal reliability for the exercise of the financial intermediaries; proof of your professional qualification if the activity of the financial investment intermediaries is also linked to the possession of certain professional qualifications in the State of establishment, otherwise, proof that you have been in a financial investment intermediary business in the State of establishment for at least two years in the previous ten years, Proof of insurance cover or any other form of individual or collective protection in relation to professional liability. If you are a trader from an EU member state or an EEA member state, you can use documents from your country of origin that prove that you meet the reliability and orderly financial situation requirements of a trader.


Preconditions
You are a citizen of a Member State of the EU or of a State Party to the Agreement on the European Economic Area They shall have a lawful establishment for the exercise of financial investment intermediaries in one of these States

Hints
The permit is valid throughout Germany. It can be limited to one or more categories. Under certain conditions, the competent authority may revoke a permit.
The granting of the permit is automatically entered in the register of intermediaries. Once you have received permission, you must register your business before starting your activity.

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