In the wake of the financial crisis that followed the subprime crisis, a demand was made that a systemically important bank be placed under the compulsory control of the supervisory authority immediately if it is no longer able to meet its obligations to creditors on time. In Germany, a separate law was passed for this purpose, which came into force at the beginning of 2011. – See bank rescue, measure at risk, restructuring law. – Cf. Financial Stability Report 2009, p. 82 (basic information on the restructuring and resolution of systemically important institutions), BaFin Annual Report 2010, p. 11 (main features of the Restructuring Act), p. 127 ff (detailed presentation)….
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/