Risk diversification & asset protection

Diversification: How to safeguard assets in the long term For those who handle their assets responsibly, risk diversification is a must. Not only since the financial crisis of 2008, the real estate crisis or the last oil crisis, we are aware that our assets and savings in the savings account are not necessarily safe. World […]

Finance and risk control

More wealth in a planned and controlled manner The own assets in a planned and future-oriented management as well as value-enhancing and risk-optimized investment requires the highest degree of Knowledge and time. Not everyone who has achieved a certain level of wealth is also a financial or controlling expert , so it is advisable to […]

Schwarzbuch VW: Duty of risk management

How FIFA, Microsoft, WPs, BP and the Mafia are sued under the same law and pilloried through American glasses, Dr. Johannes Fiala and Dipl.-Math. Peter A. Schramm explain in a multi-part article.   The first part was about the “Racketeer Influenced and Corrupt Organizations Act”, a US federal law that makes this kind of jurisdiction […]

Bank liability towards municipalities in foreign exchange swap transactions – Risky speculative business despite municipal ban on speculation?

Renowned major banks and savings banks lead inexperienced treasurers and managers of municipal companies into an interest rate trap with billions in losses. This is a brilliant business for credit institutions – an estimated 40% of local authorities are affected.     Allegedly exclusive concepts from the bank product department   Speculation with foreign exchange […]

Property damage liability: Risks in the event of reorganisation and termination of insurance cover

– Whereupon in particular financial plant mediators in accordance with § 34 f exp. 1 GewO and intermediaries of financial services according to § 34 c GewO, as well as insurance brokers have to pay attention to –   Currently, thousands and thousands of advisors and brokers are receiving notices from their asset protection liability […]

Property insurance risks

In the light of the judgement of the Federal Court of Justice (BGH) of 22.05.1985   One can debate the issue, hold other legal opinions, or like us here, set a judgment as a reference point. We still consider the judgement to be trend-setting, because it describes the obligations which an insurance intermediary, in this […]

Credit risks due to company pension schemes

Liability risks and over-indebtedness of borrowers due to lack of equal value of deferred compensation and undervaluation of other pension obligations. I. Introduction w “No future can make up for what you fail to do in the present.” (Albert Schweitzer, Protestant theologian, musician, philosopher and physician 1875-1965) This simple formula marks the beginning of the […]

Explosive liability risks for employers – reduced benefits for employees!

by Dr. Johannes Fiala, Munich “Today I bake, tomorrow I brew, and the day after tomorrow…” (Grimm’s fairy tale) Insecure pension “The pension is secure” proclaims the politicians. This was followed by an appeal to the citizens to build up a second pillar for old age, the occupational pension scheme (bAV) – in particular through […]

Legal status and liability risks of the pseudo-broker

By Dr. habil. Boris Bartikowski, Associate Professor in Marketing, Euromed Marseille School of Management, Tel.: +49 (0) 8294 30 63 60; Tel.: +33 (0) 4 91 82 79 82, boris.bartikowski@euromed-marseille.com, www.euromed-marseille.com and lawyer Dr. Johannes Fiala, Kanzlei Fiala & Weber – RA, Mediator, StB & WP, MBA (Univ.Wales), MM (Univ.), Bankkaufmann (IHK), Geprüfter Finanz- und […]