January 6 2017
Comments on the ESMA Consultation Paper - Draft guidelines on MiFID II product governance...
The German Banking Industry Committee (GBIC) has submitted comments on "ESMA Consultation Paper - Draft guidelines on MiFID II product governance requirements" (ESMA/2016/1436).Mehr
November 18 2016
Comment on the Discussion Paper on the trading obligation for derivatives under MiFIR
The German Banking Industry is grateful for the opportunity to comment on ESMA ́s discussion paper on the trading obligation for derivatives under MiFIR.Mehr
November 15 2016
Comments on the ECB Draft Guidance to banks on non-performing loans
In September 2016, the ECB issued draft guidance for consultation on how banks should deal with non-performing loans (NPLs). German Banking Industry Committee (GBIC) basically welcomes both the ECB’s plan to harmonise practices concerning the...Mehr
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...Mehr
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...Mehr
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...Mehr
July 17 2013
Opinion of the German Banking Industry Committee: Consultation Paper on Reforming the Structure of...
The German Banking Industry Committee (GBIC), known domestically as Die Deutsche Kreditwirtschaft, supports the European Commission in its endeavour to increase financial market stability. Stable financial markets are of vital interest to the banking...Mehr