The approval means that Deutsche Boerse’s regulatory reporting hub (RRH) can offer ARM and APA services from 3 January 2018.
Through its RRH, Deutsche Boerse can offer clients regulatory reporting services that include commodity position reporting and systematic internaliser solutions.
Deutsche Boerse gave current clients access to a pilot programme for a period of 12 months prior to its BaFin approval, which provided access to the RRH.
The financial service launched a European Market Infrastructure Regulation (EMIR) reporting solution as the first service of the RRH which took effect on 1 November 2017.
Georg Gross, head of regulatory services at Deutsche Boerse, said: “We are very pleased with the approval from BaFin.”
He added: “As part of our strategy to provide regulatory infrastructure, we will continue to add further features and services to our offering. In the short term, the on-boarding of more than 2,000 investment firms from all over Europe to our platform is our key focus.”