... reform on the German financial system to date has thus been quite limited 3.4 Reform of Corporate Governance Corporate governance reform in Germany is treated in more detail in other articles in ... headings: 1) the reform of financial regulation (initiative Finanzplatz Deutschland), 2) measures for promoting the new economy, 3) reform of the pension system, and 4) corporate governance reform ... other most prominent bank-based financial system (see table 1) In the US, in contrast, banks only accounted for one quarter of financial system assets Other indicators also show that financial markets...