# Cover audit (audit on cover assets)

- Canonical URL: https://www.gerhardmerk.de/cover-audit-audit-on-cover-assets
- Post ID: 590727
- Modified: 2023-07-25T21:01:20+00:00
- Language: en

## Definition

Unless otherwise defined, the supervisory control of Pfandbrief issuers. The audit examines whether the assets serving as cover for the Pfandbriefe comply with the legal requirements. - See mortgage bank, liquidity management. - Cf. BaFin's 2006 Annual Report, pp. 70 ff. (inspections also at Landesbanken and savings banks; itemized inspection report), p. 119 (new Cover Register Regulation), BaFin's 2007 Annual Report, p. 130 (objections to the determination of the mortgage lending value). 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/

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