On balance, a mandated frequency of once or twice a year would seem reasonable, and would be in line with current practice for larger banking organizations. Should subordinated debt with standardized characteristics be required? There are also tradeoffs associated with requiring banking organizations to issue a standardized debt instrument with the same maturity, option characteristics, and covenants.
Therefore, banking supervision in Germany does not actively intervene in banking activities, i. e. by making specific recommendations. • From the central bank's perspective, I would like to stress that it cannot be the task of a central bank to bail out insolvent credit institutions. The Ministry of Finance would be responsible for that, if tax revenue were required for assistance measures.