
SolvV is short for ''Solvabilitätsverordnung'' which means solvability directive in German, i.e. the
delegated legislation
Primary legislation and secondary legislation (the latter also called delegated legislation or subordinate legislation) are two forms of law, created respectively by the legislative and executive branches of governments in representative dem ...
of §§ 10 ff of the
Kreditwesengesetz and in effect since 2006. The long name in German is ''Verordnung über die angemessene Eigenmittelausstattung von Instituten, Institutsgruppen und Finanzholding-Gruppen'', literally "directive on the appropriate setting of
equity for (financial) institutes, groups of institutes and financial holding groups". There is an analogous directive with the same name in Austria.
See also
*
Basel Accords as basis for the
Kreditwesengesetz
*
MaRisk, minimum requirements for risk management in Germany
*
Sarbanes–Oxley Act
The Sarbanes–Oxley Act of 2002 is a United States federal law that mandates certain practices in financial record keeping and reporting for corporations.
The act, (), also known as the "Public Company Accounting Reform and Investor Protecti ...
on similar topics legally binding within the US
External resources
(Unofficial) text of the law (in German)* Definition o
by
Deutsche Bundesbank
The Deutsche Bundesbank (), literally "German Federal Bank", is the central bank of the Federal Republic of Germany and as such part of the European System of Central Banks (ESCB). Due to its strength and former size, the Bundesbank is the most ...
2008 in law
European Union corporate law
German business law
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