The German Scramble for Regulatory Relevance

摘要

Will German politicians and bureaucrats succeed in dismantling key elements of the integrated financial market supervision agency that was established only five years ago? Will they seriously weaken the management and leadership structure of the Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin) by taking away most powers of the agency's president, outspoken and strong-willed Jochen Sanio?