on 2023/07/21 by alex1, []

A letter sent by a financial services provider to potential customers announcing a telephone call (a personal call by an employee). The supervisory authority considers this procedure to be prohibited cold calling. – Cf. BaFin Annual Report 2007, p. 146 (focus tests also on this form of cold calling). – See Advance letter, relationship management, […]

on 2023/07/21 by alex1, []

Unless otherwise defined, the ratio of borrowed capital to the total capital of a company or industry calculated according to certain rules; the borrowing ratio: the percentage of total assets financed by a company’s creditors. A higher ratio shows that there is larger amount of other’s money being used in an attempt to generate profits). […]

on 2023/07/21 by alex1, []

The amount of labor required to produce a unit of output. In economic terms, it is calculated as the ratio (division result) of labor hours to gross domestic product. It is the reciprocal of labor productivity. – See capital ratio. Attention: The financial encyclopedia is protected by copyright and may only be used for private […]

on 2023/07/21 by alex1, []

In general, the exploitation of different prices in the simultaneous purchase (sale) of financial instruments or commodities – on the same exchange (intra-market transactions) or on different markets or exchanges and currency areas (inter-market transactions), – in different contract months, – between cash and futures markets or – of different but related commodities (in general: […]

on 2023/07/21 by alex1, []

Trade agreement between China and ten Asian countries that came into force at the beginning of 2010. The agreement provides for the elimination of tariffs and the favoring of reciprocal investments. – The agreement is two-speed. Between China and the six countries that make up the Asean (Association of Southeast Asian Nations) trading bloc – […]

on 2023/07/21 by alex1, []

Former name for the booking fee common in the financial world of the time, today called: activity fee, account maintenance charge. – A fee that used to be paid to the authorized official or notary when notarizing documents. – See Tax. Attention: The financial encyclopedia is protected by copyright and may only be used for […]

on 2023/07/21 by alex1, []

Proposal to establish a single global supervisory authority for – all financial service providers or groups (banks, insurance companies, funds; then also called colleges of supervision). – There are all the reasons for opposing such an authority (super-agency), which also make a pan-European supervisory authority appear less desirable. Orderly conditions on the international financial market […]

on 2023/07/21 by alex1, []

In Germany, this refers to the fact that banks are supervised – by auditors, – by the Federal Financial Supervisory Authority, and – by the Deutsche Bundesbank. A more precise delineation of powers and more transparent implementation rules in detail are demands that are repeatedly put forward by banking industry associations. As of 2014, supervisory […]

on 2023/07/21 by alex1, []

The formal agreement of the supervisory authorities of two or more countries to jointly supervise institutions. – See supervisory harmonization, European, banking supervision, European, fragmentation, supervisory, request for assistance, permanent, system conflict, financial market. – See BaFin Annual Report 2008, pp. 67 f. (BaFin’s involvement in the supervision of German banks represented by branches in […]

on 2023/07/21 by alex1, []

Payment of money to defray expenses necessary for the performance of a particular service, especially by a [public] official. – See dreidingsgeld, Gerichtsgeld, Inrotulationsgeld, Justitiengeld, Schöffengeld, Sitzgeld, Umzugsgeld, Vergütung. 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. […]