findings and conclusions of the Germany peer review
This focus describes the findings and conclusions of the Germany peer review, including the
key elements of the discussion in the FSB’s Standing Committee on Standards
Implementation (SCSI) on 10 March 2014.
It is the eleventh country peer review conducted
by the FSB and the fifth using the revised objectives and guidelines for the conduct of peer
reviews set forth in the December 2011 Handbook for FSB Peer Reviews.
The analysis and conclusions of this peer review are based on the German financial
authorities’ responses to a questionnaire and reflect information on the progress of relevant
reforms as of December 2013. The review has also benefited from dialogue with the German
authorities as well as discussion in the FSB SCSI.
The draft report for discussion was prepared by a team chaired by Arthur Yuen (Hong Kong
Monetary Authority) and comprising Dimple Bhandia (Reserve Bank of India), Jean
Boissinot (French Treasury), Remy Jansen (Dutch Central Bank) and Lau Lee Chin
(Monetary Authority of Singapore). Jason George and Costas Stephanou (both FSB
Secretariat) provided support to the team and contributed to the preparation of the peer