Macroprudential supervision is preventative in nature. Its impact is largely based on the expectations and behaviour of many financial market players. Consequently, the Financial Stability Committee communicates regularly and transparently in order to provide effective macroprudential supervision.

In addition to the Financial Stability Committee at the national level, there are two central international bodies that monitor financial stability from different perspectives.

The strategy sets out how the Financial Stability Committee defines its goal of financial stability, how it intends to achieve it and what options it has for taking action. It also sets out the standards and guidelines according to which the Financial Stability Committee fulfils the responsibilities assigned to it by law.

The Financial Stability Committee discusses and assesses threats to financial stability in Germany based on analyses performed by the Bundesbank. In addition, its work is based to a large extent on findings of the Federal Financial Supervisory Authority (BaFin) taken from its supervisory activities in the banking, insurance and securities sectors.

Dr Benjamin Weigert has been Director General for Financial Stability at the Deutsche Bundesbank, and a member of the Financial Stability Committee, since August 2016. He has also worked at Deloitte & Touche and served as Secretary General of the German Council of Economic Experts. He graduated from the Technical University of Dresden in 2002 with a degree in Economics and received his Ph.D. …

Dr Claudia Buch has been Vice-President of the Deutsche Bundesbank since 2014. Her remit there covers financial stability, statistics and internal audit. She also serves as the Bundesbank’s deputy at G20 and G7 meetings. Her previous positions include serving as President of the Halle Institute for Economic Research, Professor of Economics at the University of Tübingen, member of the German …

Dr Frank Grund has been Chief Executive Director of Insurance and Pension Funds Supervision at the Federal Financial Supervisory Authority (BaFin) since 2015. Before moving to BaFin, his previous positions included serving as member of the Gerling Group’s managing board, CEO and general representative of Basler Insurance (Germany) and Supervisory Board Member of IDEAL Insurance Group.
He is a …

Prof. Dr Joachim Wuermeling has been a member of the Deutsche Bundesbank’s Executive Board since November 2016. His remit covers banking supervision, risk control and information technology. His previous positions include serving as Member of the European Parliament, State Secretary at the Federal Ministry for Economic Affairs and Technology, member of the Executive Board of the German Insurance …

Raimund Röseler has been Chief Executive Director of Banking Supervision at the Federal Financial Supervisory Authority (BaFin) since 2011. Prior to that, he served as Head of the Department for General Policy Issues in the Directorate for Insurance Supervision. Mr Röseler is a member of the Basel Committee on Banking Supervision. He also serves on the European Banking Authority’s Board of …

The Financial Stability Committee (Ausschuss für Finanzstabilität) is the central body for macroprudential supervision in Germany. The purpose of macroprudential supervision is to limit systemic risks and strengthen the resilience of the financial system in a preventive manner. Macroprudential means looking at the stability of the financial system as a whole. To this end, the Financial Stability …