QuickTake
On 1 April 2026, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdientsleistungsaufsicht - Bafin)1 published the draft of the 9th amendment to the “Minimum Requirements for Risk Management (MaRisk)”2 for consultation. According to the draft, the MaRisk are to be fundamentally revised.
The revised version is intended to significantly reduce the complexity of regulatory requirements. Furthermore, a new transparent classification of small and very small institutions is intended to simplify the proportional gradation of the applicable requirements in future.
Furthermore, as part of this process, BaFin is also implementing the guidelines on environmental scenario analysis (EBA/GL/2025/04), as well as the guidelines on internal governance (EBA/GL/2021/05).