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September 2 2020

Position paper on the European Commissinos legislative draft for the review of the Benchmark...

The German Banking Industry Committee welcomes the European Commission’s decision to provide for the possibility to designate a statutory replacement rate for benchmarks, whose cessation would result in a significant disruption in the functioning of...

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December 2 2016

EU regulatory framework for benchmarks

The European Securities and Markets Authority ESMA consulted on technical standards under the Benchmarks Regulation. The German Banking Industry Committee contributed to the process and sent its comments to ESMA.

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Press-Releases

November 4 2016

The German Banking Industry Committee welcomes Esther de Lange’s report on the planned European...

The report by Esther de Lange, MEP and member of the European People’s Party, on the European Deposit Insurance Scheme is basically a step in the right direction in the view of the German Banking Industry Committee (GBIC). GBIC welcomes the fact that...

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Press-Releases

April 19 2016

Opinion confirms inadequate legal basis for a European Deposit Insurance Scheme (EDIS)

Article 114 of the Treaty on the Functioning of the European Union (TFEU), cited by the European Commission as the basis for creating a European Deposit Insurance Scheme (EDIS), is not an adequate legal basis. This is the conclusion of a legal...

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