Specific German government and EU registration requirements A number of products are subject to specific German government and EU registration requirements. Pharmaceuticals are the most widespread instance of this, although there are rules for the technical examination of any electrical or mechanical product offered on the German domestic market. ARead More →
Federal states (Länder) support Germany’s economy Federal and regional subsidies The Federal Government and the governments of the federal states (Länder) support Germany’s economy by providing sub- sidies. Financial aid and tax reliefs are regarded as subsidies. – Tax reliefs always have a legal basis and are intended to reduceRead More →
two topics that are relevant for financial stability The main purpose of the peer review report is to examine two topics that are relevant for financial stability and important for Germany: its macroprudential policy framework and microprudential supervision. Both topics were included in the key FSAP recommendations and are topicalRead More →
Regulated industries and professions Regulated industries and professions Banks and other financial services institutions, insurance companies, stock- brokers and asset managers are subject to close supervision by the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungs- aufsicht or BaFin). This supervision involves not only frequent reviews of the financial position ofRead More →
Many federal, regional and EU programs exist Opportunities for international investors Many federal, regional and EU programs exist to promote invest- ment in Germany. EU Forecast euf:ba18f:71/nws-01Read More →
Germany underwent an FSAP update in 2011 Introduction Germany underwent an FSAP update in 2011 3 that included assessments 4 of the Basel Committee on Banking Supervision’s (BCBS) Core Principles for Effective Banking Supervision, the International Association of Insurance Supervisors (IAIS) Insurance Core Principles, the International Organisation of Securities CommissionsRead More →
Wealth of statute and other law on all aspects Germany has a wealth of statute and other law on all aspects of environmental and consumer protection, including, especially, minimum warranties and product liability. All the relevant fields of law are intensively regulated by the EU. Often, the applicable EU directiveRead More →
Initial Public Offering or IPO Going public Businesses in Germany may also use the option of an Initial Public Offering or IPO, i.e. The initial offer of shares on the orga- nized capital market . Usually, a syndicate carries out the IPO which requires extensive financial, legal, and tax adviceRead More →
BaFin and the Bundesbank should continue to strengthen their supervisory practices Microprudential supervision • BaFin and the Bundesbank should continue to strengthen their supervisory practices to ensure the early and comprehensive identification of risks within each institution. This includes inter alia enhancing business model and risk culture analysis; ensuring thatRead More →
Safety and the environment Safety and the environment Apart from the registry court, each town or other local authority maintains a Trading Office. Each place of business must be registered with the local Trading Office, which exercises a degree of supervision over matters such as public access and safety, adherenceRead More →
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