The German Federal Financial Supervisory Authority (BaFin) has issued an order directing Tradegate AG to comply with additional capital requirements.

Tradegate AG, headquartered in Berlin, must ensure that its business is properly organized.

A special audit conducted in 2025 revealed that Tradegate AG’s business organization was not fully compliant in all areas examined. These areas included the organizational structure and processes, risk management and control processes, and internal audit.

Proper business organization is intended to ensure that credit institutions comply with legal regulations and implement what is necessary from a business perspective. Section 25a, paragraph 1 of the German Banking Act (KWG) governs how this is to be achieved.

If BaFin concludes that an institution’s business organization has deficiencies, it can take action. BaFin can, for example, order the affected institution to rectify the deficiencies. The regulator can also require the institution to hold additional equity capital beyond the statutory requirements. It did both of these things in the case of Tradegate AG.

These measures have been legally binding since November 17, 2025.