Audits in accordance with Art 26 of the German Banking Act (KWG)

Banks are subject to the auditing obligation regardless of their size. They have to submit an audited annual financial statement, including financial report, to the Federal Financial Supervisory Authority and the German Central Bank.

What is particularly important are the organizational duties according to Article 25a of the German Banking Act, the minimum requirements for risk management. Compliance with the German Money Laundering Act also plays a major part.

WSB Revision und Treuhand GmbH has many years of professional experience in this field with both its responsible auditors and within the auditing team. As a result, we are extremely conversant with communicating and corresponding with public bodies.