December 20 2017
Comments on the proposal of the European Commission for a review of the ESAs’ framework
The German Banking Industry Committee takes note of the review and reform of the European supervisory system comprising EBA, ESMA and EIOPA. A competitive financial market is of elementary importance for the EU. The review of how efficiently the...
MehrDecember 20 2017
Comments on significant risk transfer (securitisations)
After finalising the new securitisation regulation, EBA has launched a consultation on significant risk transfer. The consultation deals basically with different methods to detect whether there is a significant risk transfer.
MehrDecember 11 2017
Addendum to the ECB Guidance to banks on nonperforming loans
The ECB has published an addendum to its guidance on nonperforming loans in October which describes the quantiative expectations of the ECB concerning new NPLs.
MehrDecember 11 2017
Consultation of EU Commission concerning „prudential backstops“
The EU Commission has published its ideas concerning the implementation of “prudential backstops”. GBIC criticizes in its comment letter that existing loans that have or will in the future turn non-perfoming are sufficiently covered by existing...
MehrDecember 7 2017
GBIC response to the public consultation on post-trade in a Capital Market Union
The German Banking Industry Committee (GBIC) published a response to the public consultation on post-trade in a Capital Market Union: dismantling barriers and strategy for the future.
MehrDecember 7 2017
GBIC response to the proposal for a Regulation of CCPs and third-country CCPs
The German Banking Industry Committee (GBIC) published a position paper on the proposal for a regulation amending the regulations (EU) No 1095/2010 and (EU) No 648/2012 as regards the procedures and authorities involved for the authorisation of CCPs...
MehrDecember 7 2017
German Banking Industry Committee: Agreement on Basel IV must not be detrimental to Europe's economy
The Basel Committee has reached agreement on the Basel IV package following lengthy and difficult negotiations. It should be acknowledged that Germany's negotiators, in particular, fought long and hard against a compromise that would adversely affect...
MehrDecember 6 2017
Comments on the EBA Consultation Paper on the Draft Implementing Standards on the provision of...
The German Banking Industry Committee (GBIC) commented on the EBA Consultation Paper on the Draft Implementing Standards on the provision of information for the purpose of resolution plans.
MehrNovember 21 2017
Comments on the Commission proposal for a Regulation amending EMIR
The German Banking Industry Committee (GBIC) commented the Commission proposal for a Regulation amending EMIR.
MehrNovember 2 2017
Response to the Discussion Paper on the EBA’s approach to financial technology (FinTech)
The German Banking Industry Committee (GBIC) commented the proposals put forward in the discussion paper on the EBA’s approach to financial technology and answered the specific questions the EBA detailed in the paper.
MehrOctober 27 2017
Response to the Basel Committee on Banking Supervision's consultative document on the implications...
The German Banking Industry Committee (GBIC) welcomes the Basel Committee’s initiative to examine the effects of FinTech for banks and banking supervision. From the perspective of German banks, the study is largely comprehensive and accurate, yet it...
MehrOctober 23 2017
Development of secondary markets for non-performing loans and distressed assets and protection of...
German Banking Industry Committee welcomes the possibility to comment on EU-Commissions Consultation on the development of secondary markets for non-performing loans and distressed assets and protection of secured creditors from borrowers’ default.
MehrOctober 11 2017
German Banking Industry Committee rejects current EU Commission proposals to create a uniform...
The European Commission's discussion paper published today on the completion of the Banking Union with a European Deposit Insurance Scheme (EDIS) represents only marginal progress, according to the German Banking Industry Committee. In the opinion of...
MehrOctober 11 2017
Statement on the remarks of the European Commission on EDIS in its communication on ‘completing the...
The latest comments by the European Commission on a European Deposit Insurance Scheme (EDIS) have not brought about any significant improvement. There are still a number of major shortcomings and aspects requiring clarification. The German Banking...
MehrOctober 4 2017
IASB Discussion Paper
In April 2017, the IASB published the discussion paper DP/2017/1. In its comment letter the German Banking Industry Committee welcomes the initiative of the IASB, since disclosure principles are highly relevant for a comprehensible financial...
MehrSeptember 29 2017
Public consultation on the Guide to on-site inspections and internal models investigations
In June 2017, the European Central Bank (ECB) launched a public consultation on the guide to on-site-inspections and internal model investigations. The German Banking Industry Committee (GBIC) criticises some aspects on the processes of the...
MehrSeptember 28 2017
Comments on the Consultative Document “Simplified alternative to the standardised approach to market...
The Basel Committee for Banking Supervision (BCBS) published a consultative document on the “Simplified alternative to the standardised approach to market risk capital requirements”.
MehrSeptember 27 2017
Berlin Group launches Public Market Consultation on NextGenPSD2 Standard
On 2 October 2017, The Berlin Group will launch a 6-weeks public market consultation on its NextGenPSD2 Access to Accounts (XS2A) Standard that enables Third Party Providers (TPPs) to access bank accounts under the revised Payment Services Directive...
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