Press releases / Comments

Filter
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.

Mehr
Comments

November 29 2016

Response to EBA Draft Guidelines on third-party provider insurance

The German Banking Industry Committee responded to EBA Consultation Paper on the Draft Guidelines on the criteria on how to stipulate the minimum monetary amount of the professional indemnity insurance or other comparable guarantee under Article 5(4)...

Mehr
Comments

August 31 2016

Comments on Notice 2016-42 (proposed changes to qualified intermediary agreements)

The new rules in section 5.03(B) of the proposed QI agreement provide that the LOB declaration (which may be used by entities that are not fiscally transparent to document their status together with “alternative” documentary evidence.

Mehr
Comments

July 15 2016

Dividend equivalent payments: Request to postpone the implementation date of Section 871(m)

We welcome the release on 1 July 2016 of Notice 2016-42 containing a revised proposed qualified intermediary agreement. Unfortunately, the notice fails to answer most of our open questions concerning the treatment by qualified derivatives dealers of...

Mehr

Cookie usage