Germany: Financial Sector Assessment Program Technical Note—Regulation And Supervision Of Less Significant Institutions
IMF Staff Country Reports, August 3, 2022
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- Germany: Financial Sector Assessment Program Technical Note—Regulation And Supervision Of Less Significant Institutions
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Bibliographic details
- Published: August 3, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400217852.002
Summary
- The Financial Sector Assessment Program (FSAP) conducted a focused review that primarily assessed banking regulation and supervision of Germany’s less significant institutions (LSIs).
- Germany accounts for 1,324 of about 2,400 total LSIs in the Euro Area.
- These LSIs represent 40 percent of Germany’s banking sector assets and approximately 55 per cent of total Euro Area LSI assets.
- As Germany is part of the Euro Area, the regulation and supervision of banks takes place within the European Central Bank’s (ECB) Single Supervisory Mechanism (SSM).
- The Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank (BBk) are responsible, under the oversight of the ECB, for the supervision of LSIs.
Key statistics and publication metadata
- Pages: 52
- Volume: 2022
- Issue: 265
- Series: Country Report No. 2022/265
- DOI: https://doi.org/10.5089/9798400217852.002
- Stock No: 1DEUEA2022007
- ISBN: 9798400217852
- ISSN: 1934-7685
- Publication date on page: August 3, 2022
Subject areas and keywords
- Subject: Bank supervision, Commercial banks, Cooperative banks, Credit, Financial institutions, Financial regulation and supervision, Financial Sector Assessment Program, Financial sector policy and analysis, International organization, Monetary policy, Money
- Keywords: audit oversight body, auditor oversight commission, Bank supervision, Commercial banks, Cooperative banks, Credit, CRR credit institution, Europe, Financial Sector Assessment Program, FSAP's finding, Germany FSAP
International Monetary Fund. Monetary and Capital Markets Department "Germany: Financial Sector Assessment Program Technical Note—Regulation And Supervision Of Less Significant Institutions", IMF Staff Country Reports 2022, 265 (2022).
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