Settlement order
Unless otherwise defined, an order issued by the German Federal Financial Supervisory Authority to cease business operations and dissolve the Company. – A settlement order is a sovereign measure taken by an authority in the field of public law to settle an individual case with direct legal effect on the outside, i.e. an administrative act against which an appeal may be lodged. – See dismissal order, instruction, objections, supervisory, force of existence, fine, measure in case of danger, sanction committee, omission, warning, compulsory closure. – Cf. BaFin Annual Report 2007, p. 212 (number of dismissal orders) and the respective BaFin Annual Report, chapter „Cross-Sectional Tasks.“
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/