In German supervisory law, the generic term for loans to members of the Board of Managing Directors, shareholders, supervisory bodies, authorized signatories (Prokuristen) and their family members, and to related parties of a bank. – In principle, the supervisory authorities prohibit such loans and make exceptions subject to several conditions; for Germany, the list in Section 15 KWG applies. – See foreclosure, Chinese Wall, corporate governance, insider reporting requirements, employees with special functions, employee guidelines, need-to-know principle, nominee, System Securities Watch Application (SWAP), code of conduct, wall crossing.
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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/