Liability Roof

Liability Roof

The services of investment brokerage, investment advice, and placement business have been offered by us as a contractually bound intermediary within the meaning of § 3 para. 2 WpIG (German Securities Trading Act) under the liability umbrella of mwb fairtrade AG (mwb) since November 15, 2023. mwb is liable to the customer (you) for any faulty provision of investment brokerage by the investment broker (Scalania AG).

About mwb fairtrade AG
mwb fairtrade AG (mwb) is a publicly traded securities trading bank founded in 1993. mwb employs approximately 70 staff across its locations in Munich, Hamburg, Frankfurt, Hannover, and Berlin, and is equipped with equity totaling €29.43 million (in accordance with §340e HGB, as of December 31, 2021). As a securities trading bank, mwb holds authorizations for financial commission business (§ 2 para. 2 No. 1 WpIG), investment brokerage, investment advice, placement business, and order execution (§ 2 para. 2 No. 3, 4, 8, and No. 5 WpIG). Furthermore, mwb is a member of the Compensation Scheme for Securities Trading Companies and the Federal Association of Securities Trading Companies e.V. Among mwb’s shareholders is BÖAG Börsen AG (Börse Hamburg/Hannover) with a 25% stake.