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German Finance Agency
The Federal Republic of Germany – Finance Agency (german: Bundesrepublik Deutschland – Finanzagentur GmbH) is the central service provider for the Federal Republic of Germany's borrowing and debt management. Thus it is wholly owned by the Federal Republic of Germany, represented by the Federal Ministry of Finance. Legal basis is the Federal Government Debt Management Act (Bundesschuldenwesengesetz) that constitutes a special public control and supervision by the Federal Ministry of Finance which in addition itself regularly reports on debt management issues to budget experts from the German Bundestag. History The company was formed by the Federal Republic of Germany on 19 September 2000, by amendment to the statutes of 29 August 1990,German Trade Register B of the Amtsgerichts Frankfurt am Main: HRB 51411, 25 May 2009S. 1an2(retrieved on 22 March 2010) from the Berlin-based ''CVU Systemhaus Abwicklungsgesellschaft mbH'' and is headquartered in Frankfurt am Main. Since 2001 ...
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Gesellschaft Mit Beschränkter Haftung
A ''Gesellschaft mit beschränkter Haftung'' (, abbreviated GmbH and also GesmbH in Austria; ) is a type of legal entity common in Germany, Austria, Switzerland (where it is equivalent to a ''société à responsabilité limitée''), and Liechtenstein. It is an entity broadly equivalent to the private limited company in the United Kingdom and many Commonwealth countries, and the limited liability company (LLC) in the United States. The name of the GmbH form emphasizes the fact that the owners (''Gesellschafter'', also known as members) of the entity are not personally liable or credible for the company's debts. GmbHs are considered legal persons under German, Swiss, and Austrian law. Other variations include mbH (used when the term ''Gesellschaft'' is part of the company name itself), and gGmbH (''gemeinnützige'' GmbH) for non-profit companies. The GmbH has become the most common corporation form in Germany because the AG (''Aktiengesellschaft''), the other major company form ...
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Amtsgericht
An ''Amtsgericht'' (District Court) in Germany is an official court. These courts form the lowest level of the so-called 'ordinary jurisdiction' of the German judiciary (German ''Ordentliche Gerichtsbarkeit''), which is responsible for most criminal and civil judicial matters. The German ''Amtsgericht'' may be compared to the magistrates' courts in England and Wales, although it has much broader sentencing powers. Its name derives from the ''Amt'' as a denomination for an administrative and court district in many of the territories of the Holy Roman Empire. The main areas of an ''Amtsgericht's'' jurisdiction Jurisdiction (from Latin 'law' + 'declaration') is the legal term for the legal authority granted to a legal entity to enact justice. In federations like the United States, areas of jurisdiction apply to local, state, and federal levels. Jur ... are: * court of first instance for civil case where the subject of litigation is worth €5,000 or less, and for litigation ...
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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 influential member of the ESCB. Both the Bundesbank and the European Central Bank (ECB) are located in Frankfurt, Germany. It is sometimes referred to as "Buba" for Bundesbank, while its usual abbreviation is BBk in Germany and internationally DBB. The Bundesbank was established in 1957 and succeeded the Bank deutscher Länder, which introduced the Deutsche Mark on 20 June 1948. Until the euro was physically introduced in 2002, the Bundesbank was the central bank of the former Deutsche Mark ("German Mark", sometimes known in English as the "Deutschmark"). The Bundesbank was the first central bank to be given full independence, leading this form of central bank to be referred to as the ''Bundesbank model'', as opposed, for instance, to th ...
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