The supervision of financial markets by only one (national) supervisory authority. In Germany, this was accomplished on May 1, 2002, with the establishment of the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht). – At the European level, such an authority is being discussed again and again, even though the previous form of national supervision has proven itself well with close intergovernmental cooperation. – See supervision, European, supervision, worldwide, supervisory authorities, Cassis de Dijon judgment, Financial Services Authority, Lamfalussy proposal.

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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/

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