Encourage a wide spread of share ownership Investment environment It is government policy to encourage a wide spread of share ownership among the general public, and a number of incentive programmes support this objective. However, these programmes are all rather small in scale and have little effect. Virtually all sharesRead More →
FSA does not equip the FSC with specific macroprudential tools Macroprudential tools: The FSA does not equip the FSC with specific macroprudential tools. The tools that are currently available, and that are within the remit of BaFin, are those specified in CRD IV/CRR. Experience from other countries indicates that suchRead More →
License agreements play an important Licenses License agreements play an important role in industry and commerce. They grant third parties a right of use and enjoyment of intellectual property rights (patents, registered designs, regis- tered trademarks, and copyrights). If granted such a license the licensee can use such right withoutRead More →
few large German corporations – still in partial state ownership Ownership trends A few large German corporations are still in partial state ownership. However, these holdings are progressively being placed on the market with the objective of privatisation amongst a large number of individuals rather than to a strategic investor.Read More →
Warnings and recommendations Warnings and recommendations: The primary policy instrument at the disposal of the FSC is its ability to issue warnings or ‘comply or explain’ recommendations to public sector authorities. The authorities emphasise that there should be no mechanistic threshold or predetermined criteria to trigger such actions. Given theRead More →
German copyright law protects in particular literary works Copyright and competition law German copyright law protects in particular literary works, scientifc work, and works of applied art against copying. A registration is not necessary. The owner automatically holds an exclusive right of use and exploitation. Such right expires auto- maticallyRead More →
Small family-owned unit – Typical The typical business in Germany is a small family-owned unit. Any outside shareholders are usually long-term employees or others with long-standing personal relations with the original family. Most large businesses are publicly held corporations with many shareholders. However, the original family owners often retain aRead More →
Deliberations and decision-making Deliberations and decision-making: The German authorities are of the view that FSC members participate in the deliberations primarily as official representatives of their respective institutions, but also in a personal capacity. Such an arrangement may foster more open and frank discussions within the FSC, but it mayRead More →
Exclusive right to manufacture Registered designs A registered design carries the exclusive right to manufacture and distribute designs and models of aesthetic value. Registered designs protect the outward appearance of two-dimensional or three-dimensional items (e. G. Shapes or colors). The design must be entered in the Designs Register of theRead More →
German industry is dynamic Most German industry is dynamic and, except in the depressed areas, expanding. The state does not encourage the development of specific industries as a deliberate act of policy, but it does offer substantial subsidies and other support for, in particular, research and development likely to leadRead More →
Designed using Magazine Hoot. Powered by WordPress.