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.
MehrJune 3 2016
Comments on Consultative Document on Standardised Measurement Approach for Operational Risk (BCBS...
In autumn 2015, the BCBS announced that it would withdraw the AMA for operational risk. It stated that the rationale for dropping the AMA would be explained in the BCBS’s new consultative document. In our view, however, the consultative document does...
MehrJuly 8 2013
Comments by the German Banking Industry Committee on ED/2013/3 Financial Instruments: Expected...
The German Banking Industry Committee welcomes the proposed expected credit loss approach submitted by the IASB which fundamentally addresses the widely criticised shortcomings of the incurred loss model. In this regard, we support the IASB’s credit...
MehrApril 10 2013
Comments by the German Banking Industry Committee on the Exposure Draft "Classification and...
With this Exposure Draft, the IASB has picked up on various points of criticism regarding the already finalised IFRS 9 (2009/2010). The key change is the proposed introduction of the FVTOCI category. The IASB has stated that such a category would...
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