GRI

Draft of a law on the dissolution of the Federal Agency for Financial Market Stabilization

Bill Competition Pending
Date: 3rd Jan, 2025 Source: German Parliament Country: Germany Original Source

Brief

The Draft of a law on the dissolution of the Federal Agency for Financial Market Stabilization has been pending by the German Parliament on 03/01/2025. The main purpose is to dissolve the Bundesanstalt für Finanzmarktstabilisierung (BaiMA) and transfer its tasks to the Bundesrepublik Deutschland - Finanzagentur GmbH, improving efficiency and reducing costs for the industry, with no additional compliance considerations expected.

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German Parliament

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