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June 17 2019

IASB Exposure Draft ED/2019/1 Bechmark Reform

IASB proposes changes to IAS 39 and IFRS 9 due to possible effects of the IBOR reform. GBIC basically agrees with the proposals but advocates also for reliefs concerning retrospective effectiveness testing and dynamic hedging according to IAS 39.

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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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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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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 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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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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