Contents Introduction: Aspects of the Financial Crisis................................................... 1 1.The German Banking Market: Structural Policy Guidelines...................... 2 1.1 The necessity of state intervention in the banking market................................................ 2 1.2 Preserve pluralist structures in the banking sector............................................................ 2 1.3 Tackle the risks of system-relevant banks........................................................................ 2 2.Europeanisation of Supervision and Deposit Insurance.............................. 4 2.1 New European supervision structures for the financial markets...................................... 4 2.2 The European Commission’s proposals for harmonising deposit guarantees.................. 4 2.3 Raise capital adequacy requirements, but in line with risk............................................... 5 2.4 Set the right incentives in the banking sector................................................................... 5 2.5 Consumer protection: What is necessary and appropriate?.............................................. 6 3.Regulatory Markers for Stable Financial Market Structures..................... 7 3.1 Dealing with the systemic importance of rating agencies................................................ 7 3.2 Accounting........................................................................................................................ 7 3.3 Stock market and financial infrastructure......................................................................... 8 3.4 Liquidity rules................................................................................................................... 8 4.Financial Transaction Tax............................................................................... 9 MANAGERKREIS DER FRIEDRICH-EBERT-STIFTUNG