Bank management license

A term widely used in the financial world for the license required under Sections 32 and 33 of the German Banking Act (KWG) to act as a bank manager. Sufficient individual reliability is required; more specifically, the person must be able to guarantee that he or she intends to carry out the activities properly, and – expertise; this means professional knowledge of banking business and management experience. – The mandatory permission requirement in the form of the banking license does constitute a restriction of the freedom of occupation and work enshrined in Article 12 of the Basic Law. However, this restriction on fundamental rights is considered permissible under constitutional law because it clearly serves the special protection of the common good. – See dismissal order, instruction, supervisory board member, banking license, objections, supervisory, complaints office, Bönhase, permission, prohibition, expertise, warning.

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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/