Anyone wishing to conduct one or more of the banking activities specified in the Banking Act on a commercial scale in Germany requires authorisation from the competent supervisory authority.

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 banking 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.

The main tasks of the expert panel are promoting dialogue on the activities of international working groups and to provide a platform for exploring industry-wide issues.

Vordrucke zur Meldung der statistischen Daten für das Banknotenrecycling.

Director General Digital Euro

Statistical data on the business activities of German enterprises are published on the basis of single-entity financial statements pursuant to the German Commercial Code (HGB) and on the basis of consolidated financial statements according to International Financial Reporting Standards (IFRS).

The International Monetary Fund (IMF) approved an extremely large general allocation of special drawing rights (SDRs) to its member states. The new allocation triples the total stock of SDRs to a new level of roughly SDR 660 billion. Germany is set to receive around €30 billion worth of additional SDRs.