Bafin Starts Advisory Board for Consumer Protection
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German financial regulator Bafin established a committee to safeguard the rights of private investors, advancing its push to boost transparency and curtail financial markets.
The body, composed of consumer and investor protection groups, arbitration groups, labor unions, scientists and Germany’s consumer ministry, will advise Bafin from a consumer perspective, the Bonn-based regulator said in an e-mailed statement today.