Germany : Technical Note on Crisis Management Arrangements.

This paper discusses Germany's challenges and measures to strengthen crisis management arrangements. Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin) and the Bundesbank have closely coordinated with the interagency risk committee on banking matters, which also encompasses BaFin represent...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Staff Country Reports; Country Report ; No. 2011/368
Online Access:Full text available on IMF
Description
Summary:This paper discusses Germany's challenges and measures to strengthen crisis management arrangements. Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin) and the Bundesbank have closely coordinated with the interagency risk committee on banking matters, which also encompasses BaFin representatives for all three financial sectors. The Bundesbank maintains an internal crisis committee and a steering committee. The crisis committee is chaired by a board member and combines expertise from various departments such as banking, financial stability, markets, and payment issues. The German authorities have moved to a comprehensive approach in addressing the financial crisis.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Physical Description:1 online resource (25 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students