Non-bank financial institution

As a regulatory term, an entity that is neither a bank nor an insurance company, but nevertheless plays a significant role in shaping the financial cycle. These include, in particular, hedge fund companies, securitization vehicles, financial intermediaries and finance companies. – he shadow banking sector, structured investment vehicle. – See BaFin Annual Report 2012, p. 47 f. (international efforts to define non-banks more precisely), Deutsche Bundesbank Monthly Report of March 2014, p. 18 (classification of non-banks).

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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/