On 10 April, the BaFin (Federal Financial Supervisory Authority) published its new Circular 3/2017 (GW) – Video Identification Process (only available in German).

It is based on the findings that we developed in recent months in conjunction with the relevant bodies (e.g. BMF, BMI, BaFin, BSI etc.), interest groups (including BdB, the banking association), other providers and our legal advisers in different work groups. On the basis of the knowledge gained during this time, we already adapted our solution to the expected, and since then confirmed, requirements.

For queries regarding the BaFin Circular we are at your full disposal at any time.