Banking Criminal Law
The banking and credit business, money transfers and the actions of bank employees, executive boards, managers and supervisory boards of the banks take center stage within the commercial criminal law sub-area of banking criminal law. The evaluation of bank-specific factual situations requires, therefore, knowledge of bank-specific norms such as the German Act Regulating Banking and Credit Business (Kreditwesengesetz) and the Stock Corporation Act (Aktiengesetz) (e.g. due to insider trading.). In particular, if there is a suspicion of an illegal banking transaction, in addition to the criminal law enforcement authorities, the matter must be dealt with also at the level of the tax supervisory authorities (German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin)).