Initiative Finanzstandort Deutschland

The Initiative Finanzstandort Deutschland was a lobby organization without a legal form. The initiative has not been active since 2011, and its traces on the Internet have been erased as far as possible. It consisted of financial service providers , interested associations , the Federal Ministry of Finance and the Bundesbank with the declared aim of "strengthening" Germany as a "financial center".

Purpose and work

The initiative, founded in spring 2003, represented all areas of the German financial industry and saw itself as a working and action group as well as a communication platform. The Federal Ministry of Finance and the Bundesbank were also represented here. The IFD had neither its own administration nor a chairman.

The draft law formulated by it for the Small Business Promotion Act and for the Improvement of Corporate Financing (KFG) resulted in the trade tax exemption for special purpose vehicles from 2003 . This made it possible for the first time to trade in high-risk credit default swaps (CDS). The law was passed unanimously and without parliamentary debate.

By the 2007 financial crisis , the liberalized global trade in CDS paper (between 2001 and 2006) grew from 1 to 50 trillion US dollars.

The "Course Room Money" project aimed to promote the treatment of financial policy issues in school lessons.

In April 2010 she founded the Consumer Protection Working Group , and in 2011 it disbanded.

Members

The association had the following members:

alliance Dresdner Bank BayernLB Federal Ministry of Finance Deutsche Bank Commerzbank DekaBank Deutsche Börse Group DZ Bank German Bundesbank HypoVereinsbank KfW banking group Morgan Stanley Munich Re Postbank

Association of the German Insurance Industry Association of German Banks Federation of German Volksbanks and Raiffeisenbanks German Savings Banks and Giro Association associated members: Goldman Sachs Citigroup JPMorgan Lehman Brothers Merrill Lynch UBS

IFD media award

The IFD Media Prize was awarded annually to journalists to recognize “outstanding achievements” in the field of financial and business journalism.

The 2006 award jury included the journalists Holger Steltzner (Chairman, Editor of the Frankfurter Allgemeine Zeitung ), Claus Döring (Editor-in-Chief of Börsen-Zeitung ), Christoph Keese (Editor-in-Chief of Welt am Sonntag ), Helmut Markwort (Editor and Editor-in-Chief of Focus ), Christoph Moss (Head of the Georg von Holtzbrinck School for Business Journalists ), also from the ranks of the IFD Heinz Hilgert (Member of the Board of Directors of DZ Bank), Hermann-Josef Lamberti (Member of the Board of Directors of Deutsche Bank), Johannes L Körper (Member of the Board of Directors of Hamburg-Mannheimer Versicherung AG, board member of Victoria Lebensversicherungs AG ) and Jürgen Pfister (chief economist of Bayern LB).

Award winners

• 2006: Benedikt Fehr and Matthias Hannemann
• 2007: Guido Bohsem , Reinhard Hönighaus and Stephan Lorz
• 2008: Yasmin Osman
• 2009: Stephan Lamby (TV journalist)
• 2010: Bernd Wittkowski (1st prize), Mark Schieritz , Heike Buchter and Arne Storn (2nd prize)

Web links

• (Archived) website of the Initiative Finanzstandort Deutschland ( Memento from June 13, 2011 in the Internet Archive )

Individual evidence

1. ↑ Alexander Dill: The Sudden Disappearance of the Initiative Finanzstandort Deutschland ( Memento from July 9, 2011 in the Internet Archive ), Telepolis , July 7, 2011.
2. ↑ Nothing learned from the financial market crisis - gambling as if nothing had happened , Kontraste , October 23, 2008
3. ↑ Katja Pink, Thilo Bode: The financial crisis as a democratic crisis , sheets for German and international politics , No. 6/2010, pages 45–55.
4. ↑ Members of the IFD ( Memento from October 26, 2013 in the web archive archive.today )
5. ↑ bdzv.de: BDZV internal - Benedikt Fehr and Matthias Hannemann awarded ( memento of the original from October 29, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , January 26, 2007. 
6. ↑ bvr.de: Initiative Finanzstandort Deutschland (IFD) awards media prize to authors of the Financial Times Deutschland and the Börsen-Zeitung ( memento of the original from 23 September 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , January 18, 2008 
7. ↑ bankkaufmann.com: Yasmin Osman wins media award from Initiative Finanzstandort Deutschland (IFD) , January 23, 2009.
8. ↑ Archive link ( Memento of the original from July 3, 2010 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  
9. ↑ Finanztelegraph.de: Initiative Finanzstandort Deutschland (IFD) awards media prize to authors from Börsen-Zeitung and Die Zeit ( Memento of the original from June 21, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , January 21, 2011.