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November 9 2023

Additional 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...

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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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