Germany: Report on the Observance of Standards and Codes (ROSC)
July 12, 2011
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This paper presents the report on observance of standards and codes (ROSC) for the financial sector prepared in connection with the financial sector assessment program (FSAP). The FSAP covers the Basel Core Principles for effective banking, the International Association of Insurance Supervisors (IAIS) principles for regulation, the International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation, the Committee on Payment and Settlement Systems (CPSS), and IOSCO Recommendations for Central Counterparts. Germany’s essential solid institutional frameworks for macroeconomic policies are also overviewed.
Subject: Banking, Financial crises, Financial institutions, Financial sector policy and analysis, Financial services, Insurance companies, Legal support in revenue administration, Revenue administration, Stress testing
Keywords: b. BaFin, capital market, central bank, clearing member, CR, credit risk, Europe, exchange market, financial crisis, financial market, Global, Insurance companies, ISCR, Legal support in revenue administration, market participant, rule-making function, Stress testing
Pages:
55
Volume:
2011
DOI:
Issue:
170
Series:
Country Report No. 2011/170
Stock No:
1DEUEA2011003
ISBN:
9781455299744
ISSN:
1934-7685
