SAFE Finance Blog

Florian Heider, Jonas Schlegel, and Tobias Tröger: A reassessment of the 2023 banking turmoil from today's perspective shows that there is still a need to protect uninsured depositors and to reduce the substantial profits of acquirers during resolution process

Amendments in ESG regulations, new rules for central clearing, and act to improve access to capital markets for SMEs

New regulatory standards for information and communication technologies, changes to markets for financial instruments, and stricter anti-money laundering regulations

Inflation affects the real value of assets and liabilities. Among German households, this awareness of these effects seems incomplete, which can lead to poor financial decisions

Improvements for securities settlement, reforms of regulatory framework for insurance companies, and new requirements on sustainability disclosure for financial service providers

Christine Laudenbach and Vincent Lindner: To promote financial education among children, young people, and adults in the long term, comprehensive information services must reach the entire population in Germany with the help of cooperation partners. Talking about finances can no longer be a taboo subject

Enhancements to the CMDI framework, new compliance rules for banks considering capital requirements, and progress on the Capital Markets Union

Ignazio Angeloni: The Weimar inflation a century ago is a unique event with unrepeatable characteristics. But it contains elements of all inflations of all times

Newly adopted EU label for green bonds, recommendations for incorporating environmental and social risks into capital requirements of credit institutions, and new standards for crowdfunding services

New rules to tackle shadow banking, improve consumer protection, and recommendations for addressing nature-related financial risks

Jan Pieter Krahnen: There is often talk about the model character of the German banking system for Europe – here is a positive example

Florian Heider: At its core, the EU banking package is a multi-issue package. However, in terms of changing the cost of credit and its impact on the real economy, the new rules on credit risk and the output floor are the most relevant