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- Title
Unabhängigkeit der Finanzmarktaufsicht.
- Authors
Gurlit, Elke
- Abstract
The article analyzes the German model of a ministerial-controlled administration compared to the model of an independent authority. It discusses the independence of the German financial supervisory authority BaFin and the European model of independent EU financial supervisory authorities. The article also refers to the case of "Wirecard" and the loss of trust in BaFin. Reforms at the European level are proposed to strengthen the independence of financial market supervision. It emphasizes that the independence of these authorities is necessary to avoid political interference and ensure efficient task fulfillment.
- Subjects
FINANCIAL markets; REFORMS; SUPERVISION
- Publication
Zeitschrift für Bankrecht und Bankwirtschaft, 2023, Vol 35, Issue 2, p69
- ISSN
0936-2800
- Publication type
Article
- DOI
10.15375/zbb-2023-0203