Germany's Federal Financial Supervisory Authority issued a supervisory notice to raise financial-sector obliged entities’ awareness of risks involving virtual international bank account numbers linked to underground banking.
BaFin2026-07-27
Germany's Federal Financial Supervisory Authority warns financial-sector obliged entities of virtual IBAN risks linked to underground banking
Germany's Federal Financial Supervisory Authority warned financial-sector obliged entities about risks involving virtual international bank account numbers linked to underground banking.