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Output details

20 - Law

University of Aberdeen

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Book title

FMStG - Finanzmarktstabilisierungsgesetz : Kommentar

Type
A - Authored book
DOI
-
Publisher of book
Carl Heymanns Verlag
ISBN of book
9783452270689
Year of publication
2009
URL
-
Number of additional authors
1
Additional information
-
Interdisciplinary
-
Cross-referral requested
-
Research group
None
Proposed double-weighted
No
Double-weighted statement
-
Reserve for a double-weighted output
No
Non-English
Yes
English abstract

In October 2008 German Parliament rapidly and fairly secretly passed a highly complex statute to stabilise the financial markets (“Finanzmarktstabilisierungsgesetz”). The German legislature felt it had to act to prevent the imminent breakdown of the German economy. The statute not only invented a number of stabilising financial mechanisms, but also created a powerful public authority making and implementing decisions. Due to a lack of legislative preparation the statute entails significant theoretical problems. The book aims to analyse structure and content of the statute in the context of constitutional law as well as the law of the European Union.