on 2023/07/21 by alex1, []

Memoranda of understanding between supervisory authorities that enable cross-border cooperation in the context of administrative assistance. Supervisors agree to comply with requests for notification in investigations of insider trading, market manipulation, or other violations under their national laws. – See Multilateral Memorandum of Understanding, Nominee, Twinning, Circumstances, Significant for Assessment. – See BaFin Annual Report […]

on 2023/07/21 by alex1, []

Agreements under private law with (initial) purchasers of shares or other marketable papers on the date up to which they may not be sold on the stock exchange, especially in the case of large blocks of shares. – The purpose of such a lock-up period is primarily to ensure that confidence in the company is […]

on 2023/07/21 by alex1, []

In general, the contractually agreed or legally stipulated expiration of a period. – The end of the term of a financial contract. – On the stock exchange, the date on which the option can no longer be exercised. If it has an intrinsic value, the option right must have been exercised by this date at […]

on 2023/07/21 by alex1, []

According to Article 1 No. 26 of Directive 2000/12/EC of the Parliament and of the Council of the European Community of 20 March 2000 relating to the taking up and pursuit of the business of credit institutions, a „close link“ is a situation in which two or more natural or legal persons are linked by: […]

on 2023/07/21 by alex1, []

Body set up by the EU Commission in November 2003 with the task of advising the Commission on issues relating to the internal energy market. – Cf. 2008 Annual Report of BaFin, p. 47 (joint recommendations of CESR and ERGEG on market transparency and publication obligations). Attention: The financial encyclopedia is protected by copyright and […]

on 2023/07/21 by alex1, []

Compilation of information mainly about the nature, subject matter and possible risks of securities. – See securities prospectus. 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/

on 2023/07/21 by alex1, []

In ECB terminology, a contractual and technical arrangement whereby securities can be appropriately transferred between two securities settlement systems that are not directly linked via a third system acting as an intermediary. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard […]

on 2023/07/21 by alex1, []

An account set up for a specific purpose and funded by regular deposits (savings account offered by a financial institution to investors looking to save for particular purpose). This also includes – which the name does not initially suggest – an account set up by an individual for this purpose, e.g. to cover expenses during […]

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An event in which people are injured or even killed and/or property is damaged as a result of driving on public roads. – From the point of view of national accounts, traffic accidents increase the national product and thus prosperity. This is because statistically, services in connection with an accident, such as the deployment of […]

on 2023/07/21 by alex1, []

In the financial sector, the payment of employees. After the financial crisis that followed the subprime crisis, there was a call for compensation to be based on the risk taken and the sustained success of the business. In addition, business failures should also be taken into account. – In April 2009, the Financial Stability Board […]