On 4 March 2010, the Federal Financial Supervisory Authority (BaFin) issued a General Decree under which market participants must notify BaFin of net short-selling positions in selected financial stocks of a threshold of 0.2 % or more and publish the same of a threshold of 0.5 % or more.
More: BaFin: Transparency system for net short-selling positions …
Dr. Adel Moneer Rabeh, Deputy chairman of the Egyptian Financial Supervisory Authority EFSA, and Dr. Thomas Steffen, Chief Executive Director of Insurance and Pension Funds Supervision for Germany’s financial regulator BaFin concluded a memorandum of understanding (MoU) on 25 February 2010 during a conference of the International Association of Insurance Supervisors (IAIS) in Basel.
More: BaFin and Egyptian EFSA sign Memorandum of Understanding …
Senior financial supervisors from seven countries (collectively the “Senior Supervisors Group”) today issued a report that evaluates how weaknesses in risk management and internal controls contributed to industry distress during the financial crisis.
More: SSG issues Report on Risk Management Practices …
