Small and medium-sized investment firms within the meaning of the Investment Firm Act (Wertpapierinstitutsgesetz – WpIG) are required to submit financial information after the end of each quarter pursuant to Section 66(2) WpIG. The reporting date and deadlines for submissions are based on the requirements set out in Section 19 of the Regulation on the Notification and Submission of Documents under the Investment Firm Act (Wertpapierinstituts-Anzeigenverordnung – WpI-AnzV). The WpI-AnzV also specifies the templates to be used for this: WpI-GVWI (financial information pursuant to Section 66(2) WpIG – profit and loss account) and WpI-STWI (financial information pursuant to Section 66(2) WpIG – asset position).

Furthermore, the WPI-AnzV contains requirements and reporting templates for certain reporting obligations of investment firms, investment holding companies and mixed financial holding companies pursuant to Sections 15 and 64 to 67 WpIG. This covers the following topics, amongst others:

• granting of authorisation to provide investment services, ancillary investment services and ancillary business pursuant to Section 15(1) WpIG;
• appointment and removal of management board members of an investment firm and of persons authorised to individually represent the investment firm;
• appointment and removal of key function holders;
• appointment and removal of management board members of investment holding companies and mixed financial holding companies;
• reports on activities of investment firms in third countries and in the context of cross-border services;
• acquisition or disposal of investment firms’ holdings in other undertakings and acquisition or disposal of other undertakings’ holdings in an investment firm;
• intention and performance of material outsourced activities.

In addition, the WpI-AnzV contains forms for the notification requirements pursuant to Article 4 point (a) of Delegated Regulation (EU) 2017/1943 and Article 5 of Implementing Regulation (EU) 2017/1945 concerning the appointment and removal of members of an investment firm’s administrative or supervisory board. 

Section 2 WpI-AnzV also stipulates that certain undertakings, including investment firms, investment holding companies and mixed financial holding companies, are required to apply for a legal entity identifier. This measure is used for the purpose of unique identification in the reporting system. The assigned legal entity identifier must be communicated to the Bundesbank without undue delay.