EQS-News: Bitcoin Group SE takes measures to improve its internal control system
Herford, Germany, 29 November 2023 - Bitcoin Group SE (ISIN DE000A1TNV91 ) comments on defects identified by the Federal Financial Supervisory Authority (BaFin) in the fulfillment of due diligence obligations and in the suspicious activity reporting system of futurum bank AG, subsidiary of the Bitcoin Group.
- Herford, Germany, 29 November 2023 - Bitcoin Group SE (ISIN DE000A1TNV91 ) comments on defects identified by the Federal Financial Supervisory Authority (BaFin) in the fulfillment of due diligence obligations and in the suspicious activity reporting system of futurum bank AG, subsidiary of the Bitcoin Group.
- Bitcoin Group SE and futurum bank AG have already initiated various measures in the current financial year in order to meet the regulatory requirements within the specified timeframe and are working closely with BaFin.
- The Bitcoin Group expressly points out that there are currently no indications of violations of money laundering and terrorist financing laws within the Group.
- We accept BaFin's statement and are placing great importance to the fulfillment of regulatory measures, as we see this as a significant competitive advantage over international competitors," says Marco Bodewein, CEO of Bitcoin Group SE.