on 2023/07/21 by alex1, []

Unless otherwise defined, in a swap transaction – and here again particularly in an interest rate swap – this refers to the transfer of a contractual position to a new counterparty. The previous counterparty in the swap transaction must be prepared to accept the new contractual partner (party to the agreement). – See Close-out, Reversal. […]

on 2023/07/21 by alex1, []

In the language of regulators, interwoven with instantaneous actions, subsequent and often very multi-layered consequences of actions that cause or increase exposure to the financial market. Good incentive systems are characterized by ensuring an appropriate balance between profit and liability, as is usually the case with longer-term business relationships. – In the course of the […]

on 2023/07/21 by alex1, []

In general, the purchase price of an asset plus the usual incidental acquisition costs. Incidental acquisition costs are payments made in addition to the purchase price in the narrower sense, such as, for example, broker’s commission, land transfer tax, court and notary fees, surveying costs, land registration fees, development fees for connection to roads, sewers […]

on 2023/07/21 by alex1, []

Unless otherwise explained, this refers to the payment of money or the granting of financial benefits, such as tax exemption, to individuals, such as top managers of the financial industry, or to companies, in order for them to settle in a certain place, such as the city of Geneva. – See poaching money, douceur, manager […]

on 2023/07/21 by alex1, []

Working group within the Banking Supervision Committee with the aim of bringing about an exchange of data between the countries‘ central credit registers (initially in the euro area) and harmonizing the corresponding measurement procedures. – See Central Credit Register. – Cf. Annual Report of the Deutsche Bundesbank 2003, p. 180. Attention: The financial encyclopedia is […]

on 2023/07/21 by alex1, []

Generally, a market strategy (especially of hedge funds) in which, in the opinion of management, undervalued (traded below its „real“ value) stocks are bought while shorting overvalued stocks. Such a policy is considered to be neutral, i.e. not one-sided, because – only market inadequacies are exploited (in management’s view, temporary deviations from a market equilibrium; […]

on 2023/07/21 by alex1, []

The insurance industry as a whole, or the market for insurance services. – An individual insurance company. – See insurance. 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 […]

on 2023/07/21 by alex1, []

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 […]

on 2023/07/21 by alex1, []

In Germany, the supervisory authority is exempt from liability. An individual market participant can neither – demand that the Federal Financial Supervisory Authority take appropriate measures (such as market timing), nor – claim damages in the event of errors by the supervisor. This is because the Federal Financial Supervisory Authority performs its duties in the […]

on 2023/07/21 by alex1, []

Strategies adopted by banks to at least partially evade supervision by the relevant supervisory authority by exploiting legal loopholes or by relocating operations to faraway foreign countries. Reasons for avoidance can be, above all, – secrecy of prohibited business practices, – lack of confidence in the activities of the supervisory authority, and here above all […]