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 democ ...

of §§ 10 ff of the

Kreditwesengesetz The German Banking Act Kreditwesengesetz (KWG) literally means ''law of the banking system'', is the primary legally implementation of the Basel Accords. It is binding for banks and other institutes providing financial services (German: '' :de:Kred ...

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 Equity may refer to: Finance, accounting and ownership * Equity (finance), ownership of assets that have liabilities attached to them ** Stock, equity based on original contributions of cash or other value to a business ** Home equity, the dif ...

for (financial) institutes, groups of institutes and financial holding groups". There is an analogous directive with the same name in Austria.

External resources

(Unofficial) text of the law (in German)
* Definition o

by Deutsche Bundesbank 2008 in law European Union corporate law German business law {{Germany-law-stub

See also

External resources