Financial Stability Act
Basic data | |
---|---|
Title: | Financial Stability Monitoring Act |
Short title: | Financial Stability Act |
Abbreviation: | FinStabG |
Type: | Federal law |
Scope: | Federal Republic of Germany |
Legal matter: | Public law business law |
References : | 7610-18 |
Issued on: | November 28, 2012 ( BGBl. I p. 2369 ) |
Entry into force on: | January 1, 2013 |
Last change by: |
Art. 4 G of 10 July 2020 ( Federal Law Gazette I p. 1633, 1636 ) |
Effective date of the last change: |
July 17, 2020 (Art. 5 G of July 10, 2020) |
GESTA : | D061 |
Weblink: | Text of the law |
Please note the note on the applicable legal version. |
The Financial Stability Act assigns tasks to the Deutsche Bundesbank to maintain financial stability. To strengthen cooperation between the institutions involved, the Financial Stability Committee (AFS) will be set up in accordance with Section 2 of the Act . The law forms Article 1 of an article law , the law to strengthen German financial supervision, which also contains changes to the Financial Services Supervision Act, the Financial Market Stabilization Fund Act , the Securities Acquisition and Takeover Act and statutory ordinances.
The legislative history is presented on the website of the German Bundestag.