October 27 2023
Comments on EBA’s Draft Guidelines on the establishment and maintenance of national lists or...
The European Banking Authority (EBA) launched a public consultation in July 2023 on its Draft Guidelines on the establishment and maintenance of national lists or registers of credit servicers under Directive 2021/2167.Mehr
October 26 2023
Comments on the European Commission's legislative proposals of 28 June 2023 to revise the Second...
The European Commission has presented its proposals on the draft legislation for the revision of the second EU Payment Services Directive (PSD2) on 28 June 2023. The German Banking Industry (DK) welcomes the fact that essential provisions of the...Mehr
October 18 2023
GBIC sees ECB decision for preparatory phase of a digital euro as positive / Consider risks and hold...
Today's decision by the Governing Council of the European Central Bank (ECB) to move its project to develop a digital euro into a preparation phase is viewed positively by the German Banking Industry (GBIC).Mehr
October 13 2023
GBIC comments on EBA’s draft templates and template guidance for collecting climate related data...
The European Banking Authority (EBA) launched a public consultation in July 2023 on draft templates and template guidance for collecting climate related data from EU banks.Mehr
October 11 2023
GBIC comments on ECB’s Guide on effective risk data aggregation and risk reporting
The European Central Bank (ECB) launched a public consultation in July 2023 on its Guide on effective risk data aggregation and risk reporting.Mehr
October 10 2023
Comments on FSB consultation: Evaluation on Effects of G20 Reforms on Securitisation
The consultation by the Financial Stability Board (FSB) “on the effects of G20 financial regulatory reforms on securitisation” is the start of a global discussion on the review of the securitisation framework.Mehr
October 9 2023
Comments on the EU Commission’s draft Framework for Financial Data Access (FIDA)
The German Banking Industry Committee (GBIC) supports in principle a "Framework for Financial Data Access" that exploits the opportunities of the data economy for European consumers, businesses and the EU economy as a whole.Mehr
October 5 2023
Comments of the German Banking Industry Committee on the BCBS-Consultative Document "Core principles...
The German Banking Industry Committee (Die Deutsche Kreditwirtschaft) welcomes the fact that the Basel Committee on Banking Supervision is revising its principles for effective banking supervision.Mehr
September 26 2023
DK Comments on Post-implementation Review IFRS 9 Financial Instruments Impairment
The German Banking Industry Committee welcomes the “Post-implementation Review IFRS 9 Financial Instruments Impairment” and notes that the implementation of the impairment rules of IFRS 9 has been a very high effort for the banks. In many banks, IFRS...Mehr
September 25 2023
DK Comments on the Commission proposal for a Regulation on ESG rating activities
The Regulation, as proposed, is a step in the right direction in regulating the ESG ratings market and improve the quality of ESG ratings. However, some uncertainties and issues remain, especially with regards to the Regulation’s scope and in the...Mehr
September 19 2023
GBIC comments on ECB’s revised Guide to internal models
The ECB launched a public consultation in June 2023 on its revised Guide to internal models. The revision reflects updates on the legal framework and builds on the ECB’s experience gained over the years in supervising internal models.Mehr
September 14 2023
Position on the current trilogue negotiations on the Artificial Intelligence Act
In general, the German Banking Industry Committee (GBIC) supports the objectives of the AI Act to promote the potential of artificial intelligence for European consumers, companies, and the EU economy as a whole.Mehr
September 13 2023
Comments on Amendments to the Classification and Measurement of Financial Instruments
GBIC welcomes the IASB's approach to address the concerns expressed by stakeholders in the context of the Post-Implementation Review (PIR). Particularly with regard to the ESG issue, we consider it very important that IFRS 9 remains principles based...Mehr
September 8 2023
DK-comments to ESAs Joint Committee consultation on Technical Standards under DORA
The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) launched a public consultation on the first batch of policy products under the Digital Operational Resilience Act (DORA) in Juni 2023. This is to amend the DORA delegated acts on...Mehr
August 30 2023
Position paper and comments of the German Banking Industry Committee on the European Commission’s...
The European Commission presented a proposal for a retail investment strategy (RIS) which, among other things, provides for an amendment of the European Markets in Financial Instruments Directive (MiFID). The German Banking Industry Committee (GBIC)...Mehr
August 30 2023
Comments Review of the PRIIPs Regulation in the context of Retail Investment Strategy Proposal of...
On 24 May 2023, the European Commission published a draft for the amendment of the PRIIPs Regulation (PRIIPs Draft) within the framework of its Retail Investment Strategy (RIS). The German Banking Industry Committee (GBIC) welcomes the intention of...Mehr
August 29 2023
Comments on the proposal for a Directive for the further harmonisation of insolvency law
The German banking industry committee rejects, above all, the introduction of a pre-pack procedure and a simplified liquidation procedure for micro-entities, which is intended in the light of an improvement of the Capital Markets Union. Added the...Mehr
August 14 2023
First Comments on the EU Commission's Legislative Proposal on a digital Euro
On June 28th 2023, the European Commission published its legislative proposal for a digital Euro. While more technical aspects have been discussed so far, fundamental questions must now be answered.Mehr