In June 1998, a “Year 2000 Forum” was called into being by the German banking and insurance supervisory authorities, the Bundesbank and private banking associations as a platform for regulators and official and private credit institutions to exchange their views and experiences. The government activities relating to the Y2K challenge as a whole are being coordinated by the Ministry of Economics.
In this position, the ministry is also overseeing the preparatory activities of the industrial sector in Germany. Special attention is being given to the readiness of core infrastructure providers because of their major significance for economic activity in general.