Press releases

July 5 2021

German Banking Industry Committee presents policy paper on “digital euro”

ECB needs to think beyond digital cash   In a policy paper, the German Banking Industry Committee (GBIC) for the first time sets out detailed thoughts on the design of a “digital euro”. In this paper, experts from Germany’s five national...

February 16 2021

Covid-19: the Italian Banking Association and the German Banking Industry Committee propose more...

Shaping the Banking Union, refocussing on a fair regulatory approach towards the implementation of Basel III in the EU and adapting the treatment of non-performing loans (NPLs) in light of the current economic scenario, : these are the requests the...

January 29 2021

German Banking Industry Committee urges “prudent” discussion when revising the EU rules on crisis...

On 26 January 2021, the EU Commission launched the announced consultation on the revision of the crisis management and deposit insurance framework. In November 2020, the EU Commission had already stated that it would present proposals for the...

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June 14 2021

GBIC-response to the EU Commission's consultation on the statutory replacement of the three-month...

On 5 March 2021, the Financial Conduct Authority (FCA) announced the discontinuation of CHF, GBP, JPY, EUR and certain USD LIBOR benchmarks at the end of 2021. The EU Commission then initiated a consultation procedure and is now examining whether the...

June 8 2021

GBIC comments on the European Commission's consultation on supervisory convergence and the single...

In spring 2021, the European Commission launched a public consultation on the ESAs, which marks the start of the current ESA review. The regular ESA reviews provide an opportunity to assess and to improve on the regulatory framework as well as the...

June 7 2021

GBIC comments on the requirements of Article 8 of the TaxonomyRegulation

The requirements of the Delegated Act are very extensive and appear to be too complex and impracticable, including in light of the level of detail. We welcome the transitional periods provided for by the European Commission, but see further scope for...

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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