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...
November 29 2024
EU: German and Italian financial communities share views and priorities
The 12th session of the Italian-German Dialogue on Financial Services took place to-day in Berlin. Discussions between the German Banking Industry Committee (GBIC), the German Association of Insurers (GDV), and the Italian Banking Insurance and...
September 10 2024
Appeal to the EP: German Banking Industry and European Partners Urge Caution on European Deposit...
At the start of the new legislative term, the associations emphasize the need for a more cautious and deliberate approach regarding the proposed European Deposit Insurance Scheme (EDIS).
January 23 2025
The German Banking Industry Committee’s key requirements of the digital euro
The introduction of a digital euro will make Europe more independent, more competitive and more resilient. The German Banking Industry Committee supports these aims. We are convinced that, under certain conditions, a digital euro will strengthen the...
January 17 2025
Comments by the German Banking Industry Committee on the ECB’s consultation on O&Ds
On November 8, 2024, the European Central Bank (ECB) launched a consultation to update its guidelines on the options and discretions (O&Ds) opened up under Union law, last revised in 2022. The German Banking Industry (DK) submitted a comment letter...
January 16 2025
Comments on the FSB-consultation: Common Format for Incident Reporting Exchange (FIRE)
The Financial Stability Board (FSB) published for consultation a Format for Incident Reporting Exchange (FIRE), a common format for financial firms’ reporting of operational incidents, including cyber incidents. FIRE aims to promote convergence in...
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GBIC superseded the Zentraler Kreditausschuss (ZKA) in August 2011, carrying on the latter’s work.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.