1) BaFin ___________ responsible for regulating financial institutions in Germany. a) is b) are c) were d) have been 2) The securities market ___________ by BaFin a) is supervising b) supervises c) is supervised by 3) BaFin ___________ extensive authority in the field of securities supervision a) have b) has c) are having 4) ___________ BaFin established in 2002? a) Did b) Was c) Does d) Is 5) BaFin ___________ to protect investors' interests. a) aims b) aim c) has aimed 6) The BaFin inspectors ___________ on-site visits to financial institutions a) conduct b) conducts c) have been conducting 7) The BaFin regulations ___________ to ensure financial stability. a) are designed b) design c) have been designed 8) By next year, BaFin ___________ new guidelines to enhance regulatory oversight a) will issue b) issue c) are going to issue 9) BaFin ___________ responsible for supervising the banking sector since 2002 a) has been b) will be c) would have been 10) The meeting with BaFin officials ___________ held ___________ the headquarters a) was / at b) is / in c) will be / on 11) If financial misconduct is detected, BaFin ___________ launch an investigation. a) may b) might c) will d) can 12) If a financial institution violates regulations, BaFin ___________ impose fines. a) can b) may c) could d) might 13) The seminar on regulatory compliance ___________ held ___________ the conference room a) was / at b) will be / on c) has been / by d) was / on 14) The new regulation ___________ into effect ___________ January 1st 2024 a) comes / on b) is going to come / on c) has come / by

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