Financial Market Stabilisation Agency (SoFFin)

E459838

The Financial Market Stabilisation Agency (SoFFin) is a German government entity created to manage measures for stabilizing the financial system, including bank support and recapitalization, particularly during the global financial crisis.

All labels observed (1)

Label Occurrences
Financial Market Stabilisation Agency (SoFFin) canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf government agency
public-law institution
appliesToJurisdiction Germany NERFINISHED
country Germany NERFINISHED
createdAsResponseTo global financial crisis
createdDuring global financial crisis of 2007–2008
dissolved 2018
foundedBy Federal Ministry of Finance (Germany) NERFINISHED
Government of Germany NERFINISHED
hasAbbreviation FMSA NERFINISHED
hasPower grant guarantees for bank liabilities
provide capital injections to banks
purchase troubled assets
take equity stakes in financial institutions
hasProgram bad bank structures for risk transfer
bank recapitalization program
guarantee program for bank debt
hasPurpose acquisition of risk positions from financial institutions
recapitalization of banks
stabilization of the German financial system
strengthening confidence in financial markets
support of financial institutions
hasWebsite http://www.fmsa.de/
inception 2008
industry financial regulation
public finance
isPartOf German financial market stabilization framework
languageOfWorkOrName German
legalBasis Financial Market Stabilisation Fund Act NERFINISHED
Finanzmarktstabilisierungsfondsgesetz NERFINISHED
locatedIn Frankfurt am Main
Germany
Hesse
mainSubject financial market stabilization
nativeLabel Finanzmarktstabilisierungsanstalt NERFINISHED
operatedDuring European sovereign debt crisis NERFINISHED
operatesFund Financial Market Stabilisation Fund NERFINISHED
SoFFin fund NERFINISHED
operatingArea banking sector
capital markets
parentOrganization Bundesanstalt für Finanzmarktstabilisierung NERFINISHED
Federal Agency for Financial Market Stabilisation NERFINISHED
regulates credit institutions receiving stabilization measures
replacedBy Federal Agency for Financial Market Stabilisation NERFINISHED
sector public sector
shortName SoFFin NERFINISHED
supervisingAuthority Federal Ministry of Finance (Germany) NERFINISHED
typeOfJurisdiction federal

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Federal Ministry of Finance subsidiary Financial Market Stabilisation Agency (SoFFin)