Positions/Opinions
The Munich Financial Center Initiative sets priorities. We pick up on current topics from the financial and real economy, prepare position papers, commission expert reports and then pass them on to the decision-makers.

Positions
Basel III finalisation - focus on Mittelstand financing required
It is essential that European lawmakers take into account the features of the German and European market and take corrective measures when implementing the Basel III finalisation.
Read more … Basel III finalisation - focus on Mittelstand financing required

Positions
Banking union – risk reduction comes to the fore
The fpmi is calling for a consistent and sustainable reduction in risk. At the same time, given the uneven distribution of bad debt, EDIS would amount to a transfer system that passes on the costs of misguided economic and financial policy in individual member states to the European Community as a whole.
Read more … Banking union – risk reduction comes to the fore

Positions
Sustainable finance – ensure stability and usability
While the fpmi welcomes political efforts to create an even more sustainable finance industry, it notes that the sector is already mobilising private investment for sustainable purposes such as climate and environmental protection or providing financing for infrastructure projects.
Read more … Sustainable finance – ensure stability and usability

Expert opinion
Prof. Dr. Rupprecht Podszun: Enforcing digital fairness
"Distorted information, exclusivity obligations and lock-in effects prevent fair competitive opportunities for all market participants and harm consumers. This must be changed," says Prof. Dr. Podszun in his report for fpmi. He proposes measures to maintain competition in the digital platform economy and protect consumers and providers alike.
Read more … Prof. Dr. Rupprecht Podszun: Enforcing digital fairness

Expert opinion
Prof. Dr. Rupprecht Podszun: Innovation, variety & fair choice
Tech giants like Amazon, Google, Facebook and others have enormous market power: They are able to gather billions of customer data in a split second. Their market capitalization means they dominate world markets and competition falls by the wayside. Policymakers are therefore called upon to restore a genuine market economy and fair rules of the game at both international and national levels.
Read more … Prof. Dr. Rupprecht Podszun: Innovation, variety & fair choice

Expert opinion
European Supervisory Authorities - Room for improvement at Level 2 and Level 3
On behalf of the fpmi, the Center for European Policy (cep) has examined and produced an analysis of the regulatory role of the European Supervisory Authorities (ESAs) and the EU Commission. Cep makes ten recommendations for improving control and scrutiny of the ESAs' activities at Level 2 and Level 3. These recommendations will help ensure that the ESAs and the Commission comply with four essential principles when carrying out their regulatory work: adherence to the mandate, subsidiarity, proportionality and consistency.
Read more … European Supervisory Authorities - Room for improvement at Level 2 and Level 3