is the voice of the five leading German banking-sector associations.
represents the interests of its members at international level.
serves as a point of contact for banking supervisors.
February 26 2025
EU Omnibus Package: ESG regulations must be simpler and better
The European Commission today introduced its Omnibus package to simplify ESG regulations. The German Banking Industry Committee (GBIC) has already put forward proposals on how to make the rulebook more efficient and have more of a controlling effect.
February 13 2025
EU Open Finance Plans: no withdrawal now – instead a careful review and substantial improvements?
The German Banking Industry Committee (GBIC) calls for a comprehensive and careful review of the European Commission’s proposal for a Regulation on a Framework for Financial Data Access (FiDA).
January 30 2025
German Banking Industry Committee has created the first standardised account API in Europe
The German Banking Industry Committee associations (BVR, DSGV, VÖB and the Association of German Banks) launched the giroAPI scheme on 1 January 2025. With this framework, German banks are turning to future-proof API technology as a first step...
April 17 2025
EBA Guideline on ESG Szenario Analyse
The EBA has consulted on guidelines on ESG scenario analyses, which supplement the guidelines on ESG risk management. The EBA sets out the expectations for ESG scenario analyses. The aim is for institutions to test their resilience to the negative...
April 15 2025
IDW BFA 2 n.F. - Accounting for financial instruments in the trading portfolio at institutions
For the German Banking Industry Committe, it is not entirely clear why the revision is being made at this time. The draft references the regulations of the CRR or supervisory requirements regarding market risk/FRTB. In mid-2025, the European...
April 14 2025
GBIC comments on FATF consultation on revisions to Recommendation 16 (Payment Transparency)
The Financial Action Task Force (FATF) launched a public consultation on revisions to the Recommendation 16 regarding Payment Transparency. GBIC points out in its comments that several proposed provisions should be revised to achieve a better balance...
The German Banking Industry Committee (GBIC) is the voice of the leading German banking-sector associations. These are the National Association of German Cooperative Banks (BVR), the Association of German Banks (BdB), the Association of German Public Banks (VÖB), the German Savings Banks Association (DSGV), and the Association of German Pfandbrief Banks (vdp).
GBIC superseded the Zentraler Kreditausschuss (ZKA) in August 2011, carrying on the latter’s work. GBIC develops common banking-industry positions on issues relating to banking law, banking policy and banking practice. These cover, in particular, supervisory, securities and tax legislation. GBIC also drafts standardised rules for the payments sector, including card payment schemes.
The German Banking Industry Committee (GBIC) is the voice of the leading German banking-sector associations. These are the National Association of German Cooperative Banks (BVR), the Association of German Banks (BdB), the Association of German Public Banks (VÖB), the German Savings Banks Association (DSGV), and the Association of German Pfandbrief Banks (vdp).
GBIC superseded the Zentraler Kreditausschuss (ZKA) in August 2011, carrying on the latter’s work. GBIC develops common banking-industry positions on issues relating to banking law, banking policy and banking practice. These cover, in particular, supervisory, securities and tax legislation. GBIC also drafts standardised rules for the payments sector, including card payment schemes.
