GermanyThe Group of 7 published a report outlining common public policy principles for establishing retail central bank digital currencies, covering a range of important matters related to financial stability, cybersecurity, inclusion and tackling illicit finance.
The finance ministers and central bank governors of the Group of 7 member countries issued a statement on central bank digital currencies and digital payments, highlighting the importance of international cooperation to ensure common regulatory standards.
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Germany’s Federal Financial Supervisory Authority ordered the Berlin, Germany-based bank to implement appropriate anti-money laundering and counterterrorist financing internal controls and safeguards, including policies on compliance with general due diligence requirements.
Germany’s Federal Financial Supervisory Authority (BaFin) ordered Deutsche Bank AG to adhere to the customer due diligence obligations stipulated in the German Money Laundering Act.
| Technical | Effectiveness |
|---|---|
| Compliant : 5 | High : |
| Largely Compliant : 24 | Substantial : |
| Partially Compliant : 15 | Moderate : |
| Non-Compliant : 5 | Low : |
| Rank : 107/141 |
| Score : 4.42/10 |
| Rank : 9/179 |
| Score : 80/100 |
| Rank : 14/133 |
| Score : 52/100 |