The supervisory authority decides to intervene in the business activities of an institution or insurance company in order to avert harmful consequences for the company itself and the financial system. The Act to Strengthen Financial Market and Insurance Supervision, which came into force in summer 2009, granted the supervisory authority correspondingly far-reaching powers. – See regulatory mania, overkill, regulatory, overregulation. -Cf. 2010 Annual Report of BaFin, p. 141 f. (details).

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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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