TIPS is the TARGET service for instant payments offered by the Eurosystem. TIPS stands for TARGET Instant Payment Settlement

„Ich habe großen Respekt vor der persönlichen Entscheidung von François Villeroy de Galhau, nach elf Jahren treuer und engagierter Arbeit für das Gemeinwohl Frankreichs und Europas als Präsident der Banque de France zurückzutreten.“

Since 4 January 2010
President of the Regional Office in Berlin and Brandenburg

In operational terms, ongoing supervision involves evaluating documentation, reports, annual financial statements and audit as well as inspection reports, requesting of further information and, on the basis of the data collected, assessing the supervised institutions’ current and potential risks. The workload also includes conducting routine and, in consultation with BaFin, ad hoc supervisory meetings with respective institutions.

The Bundesbank is responsible for the ongoing supervision of credit institutions in Germany. Through their on-site inspections, the Bundesbank's supervisors gain a deep insight into institutions' capital and liquidity adequacy.

Fledgling businesses often will not know whether their business model needs to be authorised pursuant to the Banking Act or the Payment Services Oversight Act, which is why they are invited to discuss any issues which might arise in this regard with staff at the Bundesbank's Regional Offices and Central Office.

A well functioning economy requires a stable banking system. Banking supervision is therefore responsible for monitoring credit institutions’ business activity and maintaining investor confidence. In Germany, the task of financial supervision is shared by the Bundesbank and the Federal Financial Supervisory Authority (BaFin). In particular, the Bundesbank is in charge of monitoring the credit institutions.

Director General Financial Supervision

In an interview with FOCUS online, Bundesbank Executive Board member Burkhard Balz explains why the digital euro is necessary and the challenges involved. Our objective as Eurosystem central banks is to launch a pilot operation in mid-2027. As before, we still expect the digital euro to go live in 2029, Mr Balz said.

The Bundesbank brings its expertise to numerous European and international bodies and organisations in which issues concerning financial stability and the financial and monetary system are analysed and policy measures are coordinated.

The G20 is currently considered the main forum for international economic cooperation and is therefore at the heart of multilateral financial diplomacy. Since its inception in 1999, the G20 has primarily focused on managing financial crises, strengthening the financial sectors of emerging market countries, enhancing the Bretton Woods institutions and developing growth strategies.

The German banking sector is currently stable overall, with sound capital and liquidity buffers – that’s good news, Bundesbank Executive Board member Michael Theurer stressed at the digital supervisory briefing, an event organised by the Bundesbank and BaFin. Together with Annika Sattler from the Bundesbank, Theurer and BaFin Chief Executive Director Nikolas Speer spoke about the risk situation, simplification and proportionality. Participants from the worlds of banking and supervision numbered more than 5,000 at times during the digital supervisory briefing, which was streamed live.

Once a year, teachers are invited to the Bundesbank to talk about current central banking issues. Lutz Lienenkämper, the Executive Board member whose responsibilities include economic education, conferred with teachers about financial literacy in schools, the current stance of monetary policy and the digital euro.