Second Financial Market Stabilization Act
| Basic data | |
|---|---|
| Title: | Second law to implement a package of measures to stabilize the financial market |
| Short title: | Second Financial Market Stabilization Act |
| Abbreviation: | 2. FMStG |
| Type: | Federal law |
| Scope: | Federal Republic of Germany |
| Legal matter: | Commercial administrative law |
| Issued on: | February 24, 2012 ( Federal Law Gazette I p. 206 ) |
| Entry into force on: | March 1, 2012 |
| GESTA : | D062 |
| Weblink: | Text of the law |
| Please note the note on the applicable legal version. | |
The second law to implement a package of measures to stabilize the financial market (Second Financial Market Stabilization Act - 2nd FMStG) regulates the reactivation of the financial market stabilization fund until the end of 2012 . It thus follows the Financial Market Stabilization Act .
The financial market stabilization fund can help tumbling banks with capital aid of up to 80 billion euros and guarantees of up to 420 billion euros.
