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January 8 2021

Comments on the FSB’s Discussion paper on Regulatory and Supervisory Issues Relating to Outsourcing...

The FSB is taking up an increasingly important topic for the financial industry, addressing not only the risks involved, but also the advantages that can be associated with outsourcing for institutions.

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May 23 2019

Italian-German Dialogue on Financial Services: a 10-point agenda from FeBAF and DK

The 10-point agenda was discussed today during the 4th round of the Italian-German Dialogue on Financial Services between the Italian Banking Insurance and Finance Federation (FeBAF, to whom 13 financial associations in Italy adhere) and the DK (...

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Comments

December 21 2018

Comments on Commission proposal on a DELEGATED REGULATION supplementing Regulation (EU) 2017/1129

Comments on Commission proposal on a DELEGATED REGULATION supplementing Regulation (EU) 2017/1129 as regards the format, content, scrutiny and approval of the prospectus and repealing Commission Regulation (EC) No 809/2004 ...

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December 6 2018

GBIC calls for leaner and more effective rules on non-performing loans

The German Banking Industry Committee sees room for improvement regarding the resolution adopted today by the European Parliament’s Committee on Economic and Monetary Affairs on what is referred to as the prudential provisioning mechanism ...

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December 3 2018

Agreement reached on the EU Banking Package on the finishing straight

The German Banking Industry Committee welcomes the fact that the negotiations on what is referred to as the “Banking Package” have recently gained significant depth and momentum and that an important agreement on key issues has been reached at...

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Comments

November 28 2018

Comments on Draft Implementing Standards amending Implementing Regulation with regard to FINREP

We generally welcome the principle of proportionality in the additional reporting obligations for non-performing exposures (NPEs) which is reflected by the separation according to Module 1 and 2. That being said, we believe that it is possible to...

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Comments

June 22 2018

Comments on EBA RTS and Guidelines on estimation and identification of an economic downturn

The German Banking Industry Committee has commented on the EBA's Draft Regulatory Technical Standards on the specification of the nature, severity and duration of an economic down-turn and on the EBA Guidelines for the estimation of LGD appropriate...

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Comments

June 21 2018

DK on the planned amendment of MiFID II

The German Banking Industry Committee (DK) commented on the planned amendment of MiFID II ...

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Press-Releases

May 28 2018

EU Banking Package: EU Council adopts general approach

One of the aims of the general approach adopted by the EU Council today to what is referred to as the “Banking Package” (CRR II / CRD V) is to tighten the own funds requirements ...

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Comments

May 14 2018

Comments of the German Banking Industry Committee on the European Commission's legislative proposal...

On 12 March 2018, the European Commission published two legislative proposals to remove obstacles to the cross-border distribution of investment funds and asked for feedback.

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Press-Releases

November 30 2016

GBIC: Further strengthen global economic and financial resilience

The German Banking Industry Committee (GBIC) welcomes it that, under the new German presidency, the G20 aims to further strengthen the resilience of economies and financial markets in 2017 as well.

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Press-Releases

September 15 2016

GBIC on Basel IV negotiations: great danger of German banks being placed at a considerable...

The member associations of the German Banking Industry Committee (GBIC) warn that the ongoing Basel IV negotiations could place German banks at a considerable disadvantage.

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September 14 2016

GBIC: Postpone the PRIIPs Regulation – threat of considerable legal uncertainty until all...

The member associations of the German Banking Industry Committee (GBIC) warn of considerable legal uncertainty surrounding the planned introduction of standardised European key information documents for packaged retail and insurance-based investment...

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Comments

July 22 2016

German Banking Industry Committee and Austrian Economic Chambers: Position paper on the...

The position paper by GBIC and WKO looks at individual aspects of the leverage ratio whose analysis is required under Article 511 of the CRR.

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June 24 2016

German Banking Industry Committee regrets Brexit vote – German financial marketplace robust

The German Banking Industry Committee (GBIC), made up of the five leading banking-sector associations, regrets the vote by the British people in favour of leaving the EU. The EU should now quickly establish clarity on how the Brexit negotiations are...

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June 24 2016

German Banking Industry Committee regrets Brexit vote – German financial marketplace robust

The German Banking Industry Committee (GBIC), made up of the five leading banking-sector associations, regrets the vote by the British people in favour of leaving the EU. The EU should now quickly establish clarity on how the Brexit negotiations are...

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February 25 2016

New GBIC expert opinion: leverage ratio sets serious perverse incentives

A leverage ratio will not make the financial system more stable. On the contrary, an inflexible instrument of this kind sets dangerous perverse incentives. This is the conclusion of a new expert opinion commissioned by the member associations of the...

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Press-Releases

February 4 2016

German Banking Industry Committee critical of unnecessary regulatory burdens

In its response to a consultation by the European Commission, the German Banking Industry Committee (GBIC) criticises “unnecessary burdens” arising from new banking regulation. The costs generated by implementing the regulatory requirements pose a...

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