Transparency requirement

With respect to monetary policy, the disclosure of the reasons for decisions on general guidance and on specific measures taken by a central bank. – In relation to a company, the disclosure of assets and liabilities to enable banks and investors to make an accurate assessment of the company’s situation. – See balance sheet scandal, code words, corporate governance, disciplinary constraint, fair value, forward guidance, open mouth policy, EU prospectus legislation, disclosure requirements, stealth policy, fuzziness, constructive. – Cf. ECB Monthly Bulletin of November 2002, pp. 63 ff., Deutsche Bundesbank Monthly Bulletin of June 2004, pp. 15 ff, ECB Monthly Report of May 2005, pp. 93 ff. (with regard to companies), Deutsche Bundesbank Monthly Report of October 2005, pp. 77 f. (with overview of transparency rules for banks), ECB Monthly Report of April 2007, pp. 67 ff. (detailed expositions of the relationship between transparent monetary policy and the financial market; overviews), ECB Monthly Report of November 2009, pp. 77 ff. (central bank communication in times of turmoil), BaFin Annual Report 2009, pp. 213 f. (BaFin conducted a transparency initiative in 2009 that revealed many shortcomings, as well as the respective BaFin Annual Report, chapter “Supervision of Securities Trading and Investment Business.”

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/