Financial investment intermediary permit application

Service Description

As a financial investment broker, you independently broker financial products to customers or provide advice on them, receiving a commission from the provider of the financial product. If you receive your fee from the customer, please apply for a license as a fee-based financial investment advisor. You may not act as a financial investment intermediary and a fee-based financial investment advisor at the same time.

As a financial investment intermediary, you are restricted to certain financial products by the so-called area exception of the German Banking Act. The permit covers (optionally) three product categories:

  • Units or shares in domestic open-end
  • open-ended investment funds, open-ended EU investment
    or foreign open-ended investment funds that are
    may be distributed in accordance with the German Investment Code (Kapitalanlagegesetzbuch)
  • Units or shares in domestic closed-ended investment funds, closed-ended EU investment funds or foreign closed-ended investment funds that may be distributed in accordance with the German Investment Code (Kapitalanlagegesetzbuch).

In addition to the permit, you must also be entered in the register of intermediaries. You can submit the application for this together with the permit application.

The content of your permit can be restricted and linked to ancillary provisions if the authorities deem this to be necessary for the protection of the general public or the clients.
Under the same conditions, the subsequent inclusion, amendment and addition of conditions are also permitted.

In addition, employees who assist in mediation and consulting must be entered in the register by the Chamber of Industry and Commerce.

Source: Zuständigkeitsfinder Thüringen (Linie6PLus)

Competent Authority

Industrie- und Handelskammer Ostthüringen zu Gera

Address
Gaswerkstraße 23
07546 Gera

Address
Gaswerkstraße 23
07546 Gera

Postal address
Post office box 3062
07490 Gera
Telephone
0365 8553-0
Fax
0365 8553-100
Opening times

Monday - Thursday
8:00 am - 6:00 pm

Friday
8:00 am - 3:00 pm

Transport connection
Linie 3
Parking spaces
Handicapped Parking Place
Fees: no

Parking Place
ausreichend vorhanden
Fees: no
Building access