## Germany: Financial Sector Assessment Program-Fund Management: Regulation, Supervision and Systemic Risk Monitoring-Technical Notes

_IMF Staff Country Reports, June 29, 2016_

## Source details

**Canonical URL:** [Germany: Financial Sector Assessment Program-Fund Management: Regulation, Supervision and Systemic Risk Monitoring-Technical Notes](https://www.imf.org/en/publications/cr/issues/2016/12/31/germany-financial-sector-assessment-program-fund-management-regulation-supervision-and-44017)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/germany-financial-sector-assessment-program-fund-management-regulation-supervision-and-44017/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/germany-financial-sector-assessment-program-fund-management-regulation-supervision-and-44017/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/germany-financial-sector-assessment-program-fund-management-regulation-supervision-and-44017/bundle-manifest.json)

## Bibliographic details
- Published: June 29, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498324878.002

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### Summary findings
- The paper discusses the German asset management sector and an analysis of certain key aspects of the regulatory and supervisory regime.
- Germany has a large and diverse asset management sector to which it applies a strong and comprehensive regulatory framework.
- The sector is the third-largest in Europe, as measured by all managed assets.
- The sector comprises a broad range of management companies and funds.
- BaFin is able to monitor developments in the asset management sector by having access to an extensive set of data shared by the Bundesbank.
- The data are sufficiently granular that individual exposures can be identified swiftly and accurately, allowing supervisory intervention where needed.

### Subjects and key topics covered
- Asset and liability management
- Asset management
- Asset valuation
- Financial institutions
- Financial instruments
- Financial regulation and supervision
- Liquidity risk
- Mutual funds

### Keywords (as provided)
- Asset management
- Asset valuation
- CR
- Europe
- fund rule
- Global
- ISCR
- Liquidity risk
- management company
- Mutual funds
- risk classification framework
- UCITS Directive
- UCITS fund
- UCITS IV Directive
- UCITS liquidity risk

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## Content in this bundle

- **_cr16193**
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  - [_cr16193 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16193.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/germany-financial-sector-assessment-program-fund-management-regulation-supervision-and-44017_