The Association of German Banks in economic and financial policy – a German view on lobbying and banking supervision Manfred Weber Chief Executive and.

Slides:



Advertisements
Similar presentations
European Union European Union. European Coal and Steel Community 1952: began with the signing of the Treaty of Paris, establishing the European Coal and.
Advertisements

The Benefits and Challenges of Implementation of Basel II in Europe José María Roldán | 27 Sept 2005.
The Federal Reserve and Monetary Policy
EIB - using Europe’s leverage and how to account for it
Outline Introduction to the international capital market The players of the ICM Growth of the ICM Offshore banking and offshore currency trading Growth.
Federal Reserve System
Topic 4: Banking Structures Around the World The United Kingdom and Germany.
Liechtensteinische Landesbank Aktiengesellschaft Experiences of European Banking, Rolf P. Frehner, LLB , Seite: 1 Experiences of Banking in the.
The Treaties, Institutions and Policies of the EU
Deutsche Bundesbank To safeguard the currency By Tian,He.
Chapter 16. Structure of Central Banks & the Federal Reserve System Origins Structure Comparison to ECB Origins Structure Comparison to ECB.
CEP Industry Research Group 2 Hong Kong Financial Regulation and Supervision.
The European Union & the Business Environment CHAPTER TWO.
ASSOCIATION OF BANKS IN BULGARIA /ABB/ Eleonora Hristoforova Legal adviser ABB Sofia, May 4, 2007.
The Shape of the EU Post Crisis Peter O’Shea Monash European and EU Centre January 2014.
After the crisis: Changes in Regulation in Europe... - the most important trends and influences upon the insurance market Michaela Koller, director general,
Chapter 3 – Role of the Government Why Regulate Financial Markets? What should the output of a financial market be? Efficient and Low Cost… What conditions.
U.S. Financial Regulations
CENTRAL BANK General functions Issuance of currency - The Central Bank normally has complete control over this function. However in some countries commercial.
States and Government Companies Murilo Barella Brasília – 12 Março 2013.
1 The Rationale for Supervisory Integration in Latvia Uldis Cērps Chairman, Financial and Capital Market Commission, Latvia World Bank and International.
1 International Conference on Enhancing the Effectiveness of Deposit Insurance Operation, Hanoi March, 2007 ENHANCING THE LEGAL FOUNDATION FOR DEPOSIT.
Financial Conglomerates, What are the Inherent Risks? 2006 CIAB Conference Port-of-Spain, Trinidad & Tobago November 16, 2006 Thordur Olafsson, CARTAC.
© 2008 Pearson Education Canada14.1 Chapter 14 The Structure of Central Banking and the Bank of Canada.
Course: European Criminal Law SS 2009 Hubert Hinterhofer.
Chapter 4 Federal Reserve System © 2003 John Wiley and Sons.
Chapter 4 Federal Reserve System © 2000 John Wiley & Sons, Inc.
Banking in China For Women Development Program at Bankseta 9 October 2007.
Chapter 4 Financial Intermediaries and the Banking System Chapter 4.
FEDERAL RESERVE SYSTEM FED Central banking system of the United States Federal Reserve Act (1913)
Federal Reserve System. The Role of the Federal Reserve Provides financial services to the government Regulates financial institutions Maintains the payment.
Lecture # 3 Role of Central Banks. Regulatory bodies In every countries there is concept of check and balances. Regulatory bodies are for this function.
© Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. Influencing policy makers WFE Workshop on Leadership & Communication February 19 – 20,
Economics Chapter 15 The Federal Reserve. Section 1: Organization and Functions of the Fed Created in 1913 Made to end periodic financial panics The Fed.
Monetary Policy Federal Reserve & Monetary Policy.
Financial Markets Why Study Financial Markets?. Financial markets channel funds from savers to investors, thereby, promoting economic efficiency. Financial.
General Introduction - Federal Reserve Bank 1. Central Banks: The Bankers’ Bank The most important day-to-day jobs of the central bank are to: – provide.
Paul Bernd Spahn, Goethe-Universität Frankfurt/Main1 Lecture 7 DETERMINANTS OF THE MONEY SUPPLY, AND THE TOOLS OF CENTRAL BANKS (1)
Paolo Baffi Centre Twin peaks model in supervision and central banking
Structure of Banking Industry
EU Politics CHAPTER 13: Other Institutions. Outline 1) European Economic and Social Committee (EESC) 2) Committee of the Regions (CoR) 3) European Agencies.
“Executive Departments & Cabinet” “Independent Agencies and Regulatory Commissions.
European Insurance and Occupational Pensions Authority Introduction Press Briefing Frankfurt, 10 January 2011.
Warm UP 1.Explain Recession and Depression. 2.What caused the Great Depression.
INTRODUCTION It is the central bank of India Its headquarter is in Mumbai Its present governor is Dr.D.Subbarao It has 22 regional offices most of them.
The European Women’s Lobby Working together for women’s rights and gender equality in Europe Women in Decision- Making and the EWL 50/50 Campaign.
Trends in International Regulation Regulation of the Dubai International Financial Centre Ian Johnston Deputy Chief Executive & Managing Director Dubai.
Ecem Altan Elif Üye. EUROPEAN COUNCIL (SUMMIT) Donald Tusk Brussels Meets 4 time of a year Set EU's political agenda.
CHAPTER 7: THE EXECUTIVE BRANCH Section 4: Presidential Advisers & Executive Agencies.
CISI – Financial Products, Markets & Services
3 GOALS OF EVERY ECONOMY PROMOTE ECONOMIC GROWTH CONTROL UNEMPLOYMENT
Helping the President. “Executive Departments & Cabinet” “Independent Agencies and Regulatory Commissions.
International Organization: The Alternative Structure
European Insurance and Occupational Pensions Authority Introduction
Helping the President To help the president with all of his/her many tasks, the “Executive Office of the President” (“EOP”) was created in This includes.
Money & Banking SESSION 1 BANKING By Dr. Soha El Magawry.
Financial Institutions
Chapter 8 – Central Banks
Tuesday January, 27, 2015 Agenda Homework Executive Agencies Notes
Establishment of the Bank
3 GOALS OF EVERY ECONOMY PROMOTE ECONOMIC GROWTH CONTROL UNEMPLOYMENT
The Federal Reserve and Monetary Policy
THE COUNCILS.
EESC Thematic discussion on the ESFS State of Play and Perspectives
General Introduction - Federal Reserve Bank
Helping the President To help the president with all of his/her many tasks, the “Executive Office of the President” (“EOP”) was created in This includes.
Helping the President To help the president with all of his/her many tasks, the “Executive Office of the President” (“EOP”) was created in This includes.
Helping the President To help the president with all of his/her many tasks, the “Executive Office of the President” (“EOP”) was created in This includes.
European Central Bank (Tóbi Dorina).
Presentation transcript:

The Association of German Banks in economic and financial policy – a German view on lobbying and banking supervision Manfred Weber Chief Executive and Member of the Board of Directors Association of German Banks

2 History and membership Founded in 1951 in Cologne. Entry requirement: private legal form. Membership: 222 private commercial banks. Our members hold a share of around 40 % of the German banking market. They have a total of around 190,000 employees.

3 Membership structure Membership total: 222 private commercial banks.  5 big banks: Deutsche Bank, Dresdner Bank, Commerzbank, HypoVereinsbank, Postbank.  97 regional banks and other commercial banks.  29 private bankers.  88 foreign banks.  3 banks with special functions.

4 Our mandate To give advice to members and to co-ordinate overlapping issues. Active in all fields of importance to the banks and therefore not restricted to dealing only with banking issues in a narrow sense. To represent the interests of our members, especially in the field of banking and economic policy, vis-à-vis:  parliament, government, political parties,  central bank, supervisory authorities,  European Commission, European Parliament, ECB  international standard-setters and regulators outside Europe. Operation of Ombudsman scheme, Deposit Protection Fund, “Bank-Verlag”.

5 Our environment Member associations: 11 regional associations and the association of ship mortgage banks Big banks, regional banks and other commercial banks, private bankers, mortgage banks and branches of foreign banks Other associations European bodies (Commission, Council, Parliament, Coreper) German parliament and government “ZKA” banking associations Federal supervisory authorities General public Ombudsmann Deposit guarantee scheme Members Monetary authorities (Bundesbank, ECB) Bank-Verlag

6 Banking supervision in Germany Before 1 May 2002:  Joint banking supervision by Federal Banking Supervisory Office (BAKred) and Bundesbank (supportive role).  Separate supervisory offices for securities trading and insurance. Since 1 May 2002:  Single regulator/supervisor for banking, securities trading and insurance: Federal Financial Supervisory Authority (BaFin).  Bundesbank continues support in banking supervision.

7 Advantages of the German single supervisor/regulator Single regulator improves communication flows and creates synergies. Creation of BaFin improved funding base, allowing more efficient regulation and supervision (financed 100% by financial institutions, independent of federal budget). Single regulator means a more powerful voice in standard-setting bodies at both EU and international level.