German Federal Ministry of Finance (BMF)

BMF” is the abbreviation for the German Federal Ministry of Finance (Bundesministerium der Finanzen).

The BMF exercises legal and operational supervision over BaFin (German Federal Financial Supervisory Authority). Additionally, the BMF regularly prepares draft laws for the German Federal Government to implement changes to the supervisory law as well as anti-money laundering law. For this reason, the BMF plays an important role in the financial sector.