April 18 2024
DK Konsultation | EBA Draft Guidelines on the management of ESG risks
On January 18, the European Banking Authority (EBA) published a consultation paper on the management of ESG risks. The German Banking Industry Committee (DK) has therefore today submitted a statement to the European Banking Authority on the...
MehrMarch 28 2024
Comments on BCBS Consultation Paper “Recalibration of shocks for interest rate risk in the banking...
The German Banking Industry Committee (GBIC) has submitted a statement to the Basel Committee on Banking Supervision (BCBS) on the consultation document "Recalibration of shocks for interest rate risk in the banking book (IRRBB)". GBIC considers a...
MehrMarch 18 2024
GBIC comments on ESA’s
In early January 2024, the European Supervisory Authorities (ESAs) presented the draft of their technical implementing standards outlining certain tasks of collection bodies and functionalities of the central European Access Portal (ESAP) for...
MehrNovember 27 2023
Comments regarding the European Commission's consultation exercise "rationalisation of reporting...
The German Banking Industry Committee (GBIC) welcomes the European Commission’s goal of a 25 percent reduction in the burden on companies and administrative organizations resulting from reporting requirements.
MehrNovember 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...
MehrOctober 27 2023
Comments on EBA’s Draft Guidelines on the establishment and maintenance of national lists or...
The European Banking Authority (EBA) launched a public consultation in July 2023 on its Draft Guidelines on the establishment and maintenance of national lists or registers of credit servicers under Directive 2021/2167.
MehrOctober 26 2023
Comments on the European Commission's legislative proposals of 28 June 2023 to revise the Second...
The European Commission has presented its proposals on the draft legislation for the revision of the second EU Payment Services Directive (PSD2) on 28 June 2023. The German Banking Industry (DK) welcomes the fact that essential provisions of the...
MehrOctober 13 2023
GBIC comments on EBA’s draft templates and template guidance for collecting climate related data...
The European Banking Authority (EBA) launched a public consultation in July 2023 on draft templates and template guidance for collecting climate related data from EU banks.
MehrOctober 11 2023
GBIC comments on ECB’s Guide on effective risk data aggregation and risk reporting
The European Central Bank (ECB) launched a public consultation in July 2023 on its Guide on effective risk data aggregation and risk reporting.
MehrOctober 10 2023
Comments on FSB consultation: Evaluation on Effects of G20 Reforms on Securitisation
The consultation by the Financial Stability Board (FSB) “on the effects of G20 financial regulatory reforms on securitisation” is the start of a global discussion on the review of the securitisation framework.
MehrOctober 9 2023
Comments on the EU Commission’s draft Framework for Financial Data Access (FIDA)
The German Banking Industry Committee (GBIC) supports in principle a "Framework for Financial Data Access" that exploits the opportunities of the data economy for European consumers, businesses and the EU economy as a whole.
MehrOctober 5 2023
Comments of the German Banking Industry Committee on the BCBS-Consultative Document "Core principles...
The German Banking Industry Committee (Die Deutsche Kreditwirtschaft) welcomes the fact that the Basel Committee on Banking Supervision is revising its principles for effective banking supervision.
MehrSeptember 26 2023
DK Comments on Post-implementation Review IFRS 9 Financial Instruments Impairment
The German Banking Industry Committee welcomes the “Post-implementation Review IFRS 9 Financial Instruments Impairment” and notes that the implementation of the impairment rules of IFRS 9 has been a very high effort for the banks. In many banks, IFRS...
MehrSeptember 25 2023
DK Comments on the Commission proposal for a Regulation on ESG rating activities
The Regulation, as proposed, is a step in the right direction in regulating the ESG ratings market and improve the quality of ESG ratings. However, some uncertainties and issues remain, especially with regards to the Regulation’s scope and in the...
MehrSeptember 19 2023
GBIC comments on ECB’s revised Guide to internal models
The ECB launched a public consultation in June 2023 on its revised Guide to internal models. The revision reflects updates on the legal framework and builds on the ECB’s experience gained over the years in supervising internal models.
MehrSeptember 14 2023
Position on the current trilogue negotiations on the Artificial Intelligence Act
In general, the German Banking Industry Committee (GBIC) supports the objectives of the AI Act to promote the potential of artificial intelligence for European consumers, companies, and the EU economy as a whole.
MehrSeptember 13 2023
Comments on Amendments to the Classification and Measurement of Financial Instruments
GBIC welcomes the IASB's approach to address the concerns expressed by stakeholders in the context of the Post-Implementation Review (PIR). Particularly with regard to the ESG issue, we consider it very important that IFRS 9 remains principles based...
MehrSeptember 8 2023
DK-comments to ESAs Joint Committee consultation on Technical Standards under DORA
The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) launched a public consultation on the first batch of policy products under the Digital Operational Resilience Act (DORA) in Juni 2023. This is to amend the DORA delegated acts on...
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