Against the growing power of banks and insurance companies and for more competition in financial services (G-SIG: 12010856)

Summary

Deletion of Section 102 GWB regarding the privileging of the credit and insurance industry, introduction of an upper limit of 5% for the shareholding of capital collection agencies in individual companies, exercise of the deposit voting rights of banks only on the basis of individual powers of attorney, limitation of the number of supervisory board mandates to five per person, deletion of the exception rule for subsidiaries

Machine translation from German. The official text remains authoritative.

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• 12/2700

  Drucksache · DE · 27 May 1992

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