A body set up in December 2009 in the wake of the subprime crisis, which became a financial crisis, with the aim of coordinating more closely the work of the national European supervisory authorities for the securities, insurance and banking sectors. The ESFS began its work at the beginning of 2011. – See Committee Delusion, Banking Supervision, European, European Systemic Risk Council. – See Deutsche Bundesbank Annual Report 2009, pp. 101 f. (establishment; tasks), BaFin Annual Report 2009, p. 46 (assignment of individual bodies), BaFin Annual Report 2010, pp. 61 f. (the L3 bodies begin their work), Deutsche Bundesbank Monthly Report of September 2011, pp. 90 f. (presentation of the ESFS; overview of tasks), Deutsche Bundesbank’s 2011 Annual Report, p. 96 f. (organizational matters; relationship with national supervisory authorities), Deutsche Bundesbank’s Monthly Report of April 2012, p. 31 (organizational matters).
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/