Directorate-General VII: Financial market policy
Directorate-General VII develops the German government’s main positions on issues of German, European and international financial market regulation. It also drafts legislation dealing with financial markets. In this way, it helps lay the groundwork for the appropriate supervision of the banking, insurance and securities sectors and for the stability of financial markets as a whole. Directorate-General VII oversees key government-owned institutions including the Kreditanstalt für Wiederaufbau
(Germany’s development bank) and the Federal Agency for Financial Market Stabilisation. It also supervises the German Finance Agency, which means that its remit also covers Germany’s debt management system.