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developments of mortgage-covered bond (Pfandbrief) and mortgage securitization markets in Germany, and explores future prospects …As part of the 2011 Financial Sector Assessment Program (FSAP) update for Germany, this Technical Note reviews recent … bonds over securitization. Some of the systemic vulnerabilities associated with covered bonds are also discussed …
Persistent link: https://www.econbiz.de/10014397122
financial sector is scarcely used to finance their investments. The lack of funding for the SME sector, or its high cost, has a …
Persistent link: https://www.econbiz.de/10012564646
Presented to G20 Finance Ministers and Central Bank Governors in September 2015, this report seeks to identify key …
Persistent link: https://www.econbiz.de/10015083202
This report provides an assessment of fiscal transparency in Germany. The assessment has two parts. The first is a … on fiscal transparency in Germany. This assessment focuses on the information that the federal government and its …
Persistent link: https://www.econbiz.de/10014406551
The design of the German banking supervision framework is structurally sound, with a robust legislative and operational framework that largely complies with the Basel Core Principles for effective banking supervision (BCP). Various improvements to the German supervisory framework have been...
Persistent link: https://www.econbiz.de/10014398308
Systems (CPSS), and IOSCO Recommendations for Central Counterparts. Germany’s essential solid institutional frameworks for …
Persistent link: https://www.econbiz.de/10014398941
Persistent link: https://www.econbiz.de/10005824821
, equivalent in size to about four times the GDP, as on December 2002. The largest bank represents 61 percent of the sector …
Persistent link: https://www.econbiz.de/10014407625
This study analyzes the impact of regional cross-listing of stocks on the depth of the stock markets in sub-Saharan Africa (SSA). It analyzes data from 1990 to 2007 for a panel of 13 stock markets in SSA countries, only some of which have regional cross-listings. Using event study methodology,...
Persistent link: https://www.econbiz.de/10005769177
This paper analyzes the capital markets and financial intermediation in the Baltic States. It provides a comprehensive overview of the structure and level of development of the financial system, discussing some of the unique characteristics of the Baltics, such as leasing; and comparing the...
Persistent link: https://www.econbiz.de/10014406986