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 (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf government agency ⓘ
public-law institution ⓘ
appliesToJurisdiction Germany ⓘ
country Germany ⓘ
createdAsResponseTo global financial crisis ⓘ
createdDuring global financial crisis of 2007–2008 ⓘ
dissolved 2018 ⓘ
foundedBy Federal Ministry of Finance (Germany) ⓘ
Government of Germany ⓘ
hasAbbreviation FMSA ⓘ
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 ⓘ
Finanzmarktstabilisierungsfondsgesetz ⓘ
locatedIn Frankfurt am Main ⓘ
Germany ⓘ
Hesse ⓘ
mainSubject financial market stabilization ⓘ
nativeLabel Finanzmarktstabilisierungsanstalt ⓘ
operatedDuring European sovereign debt crisis ⓘ
linked to: Eurozone crisis
operatesFund Financial Market Stabilisation Fund ⓘ
SoFFin fund ⓘ
operatingArea banking sector ⓘ
capital markets ⓘ
parentOrganization Bundesanstalt für Finanzmarktstabilisierung ⓘ
Federal Agency for Financial Market Stabilisation ⓘ
regulates credit institutions receiving stabilization measures ⓘ
replacedBy Federal Agency for Financial Market Stabilisation ⓘ
sector public sector ⓘ
shortName SoFFin ⓘ
supervisingAuthority Federal Ministry of Finance (Germany) ⓘ
typeOfJurisdiction federal ⓘ

How these facts were elicited

Referenced by (3)

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

Federal Ministry of Finance → subsidiary → Financial Market Stabilisation Agency (SoFFin) ⓘ
Financial Market Stabilisation Agency → parentOrganization → Federal Agency for Financial Market Stabilisation ⓘ
linked to: Financial Market Stabilisation Agency (SoFFin)
Financial Market Stabilisation Agency → operatesFund → Financial Market Stabilisation Fund ⓘ
linked to: Financial Market Stabilisation Agency (SoFFin)