Integrated Financial Supervision in Germany

Martin Schüler

No 04-35, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: With the establishment of the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in May 2002 Germany followed the trend towards integrated financial supervision. The main reason for unification of supervision is the growing integration of financial sectors leading to the blurring of boundaries between banking, insurance and securities activities. The aim of this paper is to analyse the development of Allfinanz, and hence the driving forces for the creation of the single supervisory authority in Germany. Moreover, BaFin?s tasks and structure are discussed.

Keywords: financial supervision; integrated supervision; Germany (search for similar items in EconPapers)
JEL-codes: G20 G38 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:2031

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