Imprint
Disclaimer: we are a German company located in Germany and serving only clients residing within Germany. As expats living in Germany but not speaking German are part of our client base, we also offer our services in English. This does not constitute a change of legal jurisdiction and German law still applies. The below imprint is therefore a translation of the German imprint and not legally binding. The German version is the legally binding version. This translation serves as a guideline at the convenience for non-German speaking clients.
FEMOFI – Felix Mosthaf Financial Consultancy
Owner: Felix Mosthaf
Raiffeisenstrasse 11a
D-76870 Kandel
Phone: +49 1578 2922573
Email: felix.mosthaf@femofi.de
Internet: https://www.femofi.de
Small business owner
Regulatory authority
Palatinate Chamber of Industry and Commerce
Ludwigsplatz 2-4
67059 Ludwigshafen on the Rhine
E-mail: service@pfalz.ihk24.de
Internet: www.ihk.de/pfalz/
Registered with the Chamber of Industry and Commerce (IHK) as an insurance broker with a licence pursuant to § 34d para. 1 of the Trade, Commerce and Industry Regulation Act (Gewerbeordnung).
Insurance brokerage register number: D-33PN-966JX-06
The intermediary register is kept by:
German Chamber of Industry and Commerce (DIHK) e.V.
Breite Straße 29, 10178 Berlin
Tel: 0180 – 60 05 850
(landline price 0.20 €/call; mobile phone prices maximum 0.60 €/call)
Fax: 030 – 20 30 81 000
E-mail: vr@dihk.de
Internet: www.vermittlerregister.info
Details of professional liability insurance
Name and registered office of the insurer:
Allianz Versicherungs-AG
10900 Berlin
Area of validity of the insurance:
Germany
Counselling and remuneration:
The activity also includes consultancy. The remuneration for the activity takes the form of:
commission included in the insurance premiums – a so-called brokerage fee – which is paid out by the respective product provider, or as a
payment by the client (fee-based advice) or as a combination of both
a combination of both
This ultimately depends on the wishes and needs of the client and the insurance and pension products that are brokered.
The Company does not hold any direct or indirect interests of more than 10% of the voting rights or capital in an insurance undertaking. An insurance undertaking does not hold any direct or indirect participation of more than 10% of the voting rights or capital of the company.
The addresses of the conciliation bodies that can be called upon in the event of disputes between intermediaries or advisors and policyholders are:
Versicherungsombudsmann e.V.
P.O. Box 08 06 32, 10006 Berlin
Tel: 0800 – 36 96 000
Fax: 0800 – 36 99 000
E-mail: beschwerde@versicherungsombudsmann.de
Internet: www.versicherungsombudsmann.de
Ombudsman for private health and long-term care insurance
PO Box 06 02 22, 10052 Berlin
Tel: 0800 – 25 50 444
Fax: 030 – 20 45 89 31
E-mail: ombudsmann@pkv-ombudsmann.de
Internet: www.pkv-ombudsmann.de
Arbitration Board for Commercial Insurance, Investment and Credit Brokers
Glockengießerwall 2, 20095 Hamburg, Germany
Tel: 040 – 69 65 08-90
Fax: 040 – 69 65 08-91
E-mail: kontakt@schlichtung-finanzberatung.de
Internet: www.schlichtung-finanzberatung.de
Further addresses on conciliation boards and possibilities for out-of-court dispute resolution can be obtained from:
Federal Financial Supervisory Authority (BAFin)
Graurheindorfer Str. 108, 53117 Bonn, Germany
Tel: 0228 – 41 08 0
Fax: +49 228 – 41 08 1550
E-mail: poststelle@bafin.de
Internet: www.bafin.de
Information on online dispute resolution
The European Commission has established a European Online Dispute Resolution (ODR) platform in accordance with Directive 2013/11/EU. A consumer can use this ODR platform for the out-of-court settlement of a dispute arising from online contracts with a company established in the EU. The ODR platform can be accessed at the following link:
https://ec.europa.eu/consumers/odr/
Disclaimer
Liability for contents
The contents of our pages have been compiled with the greatest care. However, we cannot guarantee the correctness, completeness and up-to-dateness of the contents. As a service provider, we are responsible for our own content on these pages in accordance with general legislation pursuant to Section 7 (1) of the German Telemedia Act (TMG). However, according to §§ 8 to 10 TMG, we are not obliged as a service provider to monitor transmitted or stored third-party information or to investigate circumstances that indicate illegal activity. Obligations to remove or block the use of information in accordance with general laws remain unaffected by this. However, liability in this regard is only possible from the point in time at which a concrete infringement of the law becomes known. If we become aware of any such infringements, we will remove the relevant content immediately.
Liability for links
Our website contains links to external websites of third parties over whose content we have no influence. Therefore, we cannot assume any liability for these external contents. The respective provider or operator of the pages is always responsible for the content of the linked pages. The linked pages were checked for possible legal violations at the time of linking. Illegal contents were not recognisable at the time of linking. However, permanent monitoring of the content of the linked pages is not reasonable without concrete indications of a legal violation. If we become aware of any infringements of the law, we will remove such links immediately.
Copyright
The contents and works on these pages created by the site operators are subject to German copyright law. Duplication, processing, distribution, or any form of commercialization of such material beyond the scope of the copyright law shall require the prior written consent of its respective author or creator. Downloads and copies of this site are only permitted for private, non-commercial use. Insofar as the content on this site was not created by the operator, the copyrights of third parties are respected. In particular, third-party content is marked as such. Should you nevertheless become aware of a copyright infringement, please inform us accordingly. If we become aware of any infringements, we will remove such content immediately.
ESG
Information on sustainability risks in financial products
What are sustainability risks?
Sustainability risks (ESG risks) are events or conditions from the three areas of environment, social affairs and governance, the occurrence of which could have a negative impact on the value of the investment. These risks can affect individual companies as well as entire industries or regions.
What are some examples of sustainability risks in the three areas?
Environment: As a result of climate change, increased occurrence of extreme weather events could pose a risk. This risk is also called physical risk. An example of this would be an extreme dry period in a certain region. This could cause levels of transport routes such as rivers to drop to such an extent that the transport of goods could be impaired.
Social: In the social sphere, risks could arise, for example, from non-compliance with labour law standards or health protection.
Corporate governance: Examples of risks in the area of corporate governance include non-compliance with tax honesty or corruption in companies.
Information on the inclusion of sustainability risks in advisory activities (Art. 3 TVO)
In order to include sustainability risks in advisory services, the information provided by providers (financial market participants) and their financial products is taken into account in the selection process.
Providers who do not have a recognisable strategy for including sustainability risks in their investment decisions may not be offered.
Within the scope of the consultation, it may be presented separately if the consideration of sustainability risks in the investment decision means recognisable advantages or disadvantages for the client.
The respective provider provides information on the consideration of sustainability risks in investment decisions in its pre-contractual information. The client can ask questions about this in the run-up to a possible transaction.
In order to assess sustainability risks, the financial advisor uses, among other things, additional information from service providers, associations or organisations that specialise in assessing these risks. In principle, the broadest possible spread (diversification) of the investment in financial products or, if necessary, also within a financial programme is also recommended with regard to sustainability risks.
Information on the consideration of adverse impacts on sustainability factors (Art. 4 TVO).
In the context of the consultation, the most important adverse effects of investment decisions on sustainability factors are taken into account. The consideration is based on the information provided by the providers on their sustainability and, if applicable, the sustainability of the respective financial product.
(At present, consideration can only take place to a limited extent due to information from the providers which is building up, but which may still be rudimentary at present).
Information on remuneration policy when taking sustainability risks into account (Art. 5 TVO)
The remuneration for the brokerage of financial products is generally not influenced by sustainability risks.
It may happen that providers remunerate the consideration of sustainability risks in investments at a higher rate. If this does not contradict the client’s interest, the higher remuneration is accepted.
Images
Unsplash
https://unsplash.com