IMF Staff Country Reports

Germany: Financial Sector Assessment Program-Financial System Stability Assessment

June 29, 2016

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Germany: Financial Sector Assessment Program-Financial System Stability Assessment, (USA: International Monetary Fund, 2016) accessed September 19, 2024

Summary

This paper evaluates the risks and vulnerabilities of the German financial system and reviews both the German regulatory and supervisory framework and implementation of the common European framework insofar as it is relevant for Germany. The country is home to two global systemically important financial institutions, Deutsche Bank AG and Allianz SE. The system is also very heterogeneous, with a range of business models and a large number of smaller banks and insurers. The regulatory landscape has changed profoundly with strengthened solvency and liquidity regulations for banks (the EU Capital Requirements Regulation and Directive IV), and the introduction of macroprudential tools.

Subject: Banking, Commercial banks, Financial institutions, Financial sector policy and analysis, Financial sector stability, Insurance companies, Liquidity requirements, Solvency, Stress testing

Keywords: Average equity, Bank funding, Bank profitability, Bank resolution regime, Banking sector, Banking system, Bridge financing, Capital loss, Central bank, Commercial banks, Coverage ratio, CR, CRD IV Liquidity coverage ratio, Financial sector stability, Global, Insurance companies, Interest rate, ISCR, Private sector, Solvency, Solvency indicator, Stress testing, Valuation loss

Publication Details

  • Pages:

    118

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

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  • Series:

    Country Report No. 2016/189

  • Stock No:

    1DEUEA2016001

  • ISBN:

    9781475577730

  • ISSN:

    1934-7685