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Germany · Law · Gesetzgebung

17/13061

Act amending the Act on the Reconstruction Credit Institution and other laws

enactedGermany· German Bundestag· DE

Introduced

22 March 2013

Last action

Status

Verkündet

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Subjects

Discovery layer

Source updated

26 July 2022

Summary

Authorization of the BMF to define detailed, specific and flexible banking supervisory regulations for the KfW and to assign supervision to BaFin or the Bundesbank as well as to restrict the contribution-reducing consideration of special items for banking risks, transfer of the responsibility for supervision in accordance with the law on tracing profits from serious crimes from the BMF to BaFin;<br /> Modification and insertion of various §§ Law on the Credit Institution for Reconstruction and amendments to § 16 Money Laundering Act and various §§ Deposit Insurance and Investor Compensation Act; Authorization to issue regulations<br /> <br /> Reference: The text of the draft law is identical to the draft of the CDU/CSU and FDP parliamentary groups on BT-Drs 17/12815 GESTA D110

Machine translation from German. The official text remains authoritative.

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Documents

6 official files

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