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Om Bankhaus Herzogpark AG

Bankhaus Herzogpark AG is organized as an Aktiengesellschaft (AG), a stock corporation form used in Germany, and any institution providing banking or investment services in Germany must be authorized and supervised by BaFin and the Deutsche Bundesbank; its permissions can be verified in BaFin’s public register. Private commercial banks in Germany are subject to the statutory deposit guarantee scheme (Entschädigungseinrichtung deutscher Banken, EdB), which protects eligible deposits up to EUR 100,000 per depositor per institution; some banks also belong to the Association of German Banks’ voluntary Deposit Protection Fund, which, if applicable, provides additional coverage and can be checked on the association’s member list. Institutions styled as a “Bankhaus” commonly focus on private banking, investment advisory and discretionary portfolio management governed by MiFID II, along with custody services and selective lending; for these activities, German and EU rules require suitability and appropriateness assessments, best‑execution and order‑handling policies, cost and charges disclosures (ex‑ante and ex‑post), inducement management, conflict‑of‑interest policies, and periodic client reporting. Fee schedules for accounts, custody, advisory or discretionary mandates, and other services are expected to be published and consistent with pricing disclosure rules, with retrocession and third‑party cost treatment clearly stated. Client onboarding is subject to the German Anti‑Money Laundering Act (GwG) and the Banking Act (KWG), including identification (e.g., video‑ident or in‑person), beneficial‑owner checks, and source‑of‑funds verification, with ongoing transaction monitoring and sanctions screening. If payment services are offered, strong customer authentication under PSD2 applies; for investment services, clients should receive key information documents where relevant, risk classification, and annual cost and performance reports. Annual financial statements are filed in the Bundesanzeiger, and regulatory disclosures (including Pillar 3, where applicable) provide information on capital, risk, and liquidity; the Legal Entity Identifier (LEI) and BIC, if assigned, can be used to confirm identity in market and payment infrastructures. Complaints must follow defined internal procedures and, where the bank participates, can be escalated to the Ombudsman scheme of the Association of German Banks; supervisory matters fall under BaFin. Before engaging, it is prudent to confirm the bank’s current authorization and service permissions, deposit protection membership, published financials, and operational arrangements (digital channels, custody infrastructure, execution venues, and any minimum asset requirements).