News

Press releases

August 22 2019

Legal bans are no help

The German Banking Industry Committee (GBIC) comments as follows on the discussion about a possible legal ban on negative interest rates for deposits of less than 100,000 euros.


August 21 2019

German Banking Industry Committee supports transitional period for strong customer authentication of...

GBIC stated against the backdrop of today’s announcement by the BaFin of transitional arrangements for the authentication of online card payments that banks have almost completed their preparations for the implementation of strong customer...

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Comments

August 8 2019

GBIC Comments on Consultative Document: Consolidated Basel Framework (BCBS 462)

DK comments on the Basel Consultation Paper on the Consolidated Framework.


July 3 2019

EFRAG consultation on Equity Instruments – Research on Measurement

EFRAG has published a questionnaire to explore alternative accounting treatments for long-term equity instruments under IFRS. The German Banking Industry Committee does no see a need at present to discuss this topic resp. for changes to IFRS 9. It...

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About us

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GBIC superseded the Zentraler Kreditausschuss (ZKA) in August 2011, carrying on the latter’s work.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GBIC superseded the Zentraler Kreditausschuss (ZKA) in August 2011, carrying on the latter’s work.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. 

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