# Savers protection

- Canonical URL: https://www.gerhardmerk.de/savers-protection-2
- Post ID: 589727
- Modified: 2023-07-25T21:12:01+00:00
- Language: en

## Definition

The state's duty of care to citizens as depositors of their savings in banks. The majority of customers - and poorer, economically weak persons in particular - are not in a position to protect themselves. Therefore, someone must take over the control of their deposits on their behalf (representation hypothesis). This is the supervisory authority. - See Investor protection, Supervision. 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/

## Machine-readable

- Generator: Merk Knowledge 1.1.1