GovernmentGermany Official institution
BaFin orders LeasAG to fix its business organization
Germany's financial regulator BaFin has ordered LeasAG Leasing Aktiengesellschaft, a leasing company based in Düsseldorf, to ensure its business organization is proper. Annual audits for 2024 and 2025 found shortcomings in areas including risk controlling, compliance and internal audit. The order has been final since 5 October 2026.
What does it mean?
BaFin, the German banking supervisor, has told this leasing firm it must put its internal management and control systems in order. The company has to correct the faults, and the order has been final since 5 October 2026.
Who is affected?
LeasAG's customers and contract partners, and staff working in risk control, compliance and internal audit.