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In the language of German supervisory law, the country in which an institution’s principal place of business is licensed; see section 1(4) of the KWG. – See foreign bank, host country, banking supervision, European, European company, European passport, representative office.

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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/