Lead Senior Officer
Stephan Mögelin is Lead Senior Officer at BaFin, responsible for the supervision of Financial Market Infrastructures, a position he has held since June 2024. In parallel, since July 2025 he serves as Chair of the ESMA DLT Working Group at the European Securities and Markets Authority (ESMA). In this capacity he has spoken publicly on the DLT Pilot Regime, addressing its implementation, the role of BaFin in its supervision, challenges encountered during its first two years of operation, and questions around its potential future integration into the Central Securities Depositories Regulation (CSDR).
Mögelin joined BaFin in May 2007 as a Policy Officer in the legal department, a role he held for over ten years. From November 2017 to May 2018 he served as a Seconded National Expert at the European Central Bank, attached to a FinTech team within the Directorate General Market Infrastructure and Payments. He returned to BaFin in June 2018 as Senior Officer for the supervision of Financial Market Infrastructures, before being promoted to Lead Senior Officer in June 2024. His total professional experience spans approximately 18 years. He studied at the Fachhochschule der Wirtschaft (FHDW) in Paderborn from 2002 to 2005.







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