May 15 2025
EU Commission proposals to simplify the RIS – bolder steps or withdrawal required
This means there is finally more of a focus on the original aim of the RIS, which was to encourage more retail investors to invest in the capital market.
MehrMay 15 2025
Market Abuse Regulation
ESMA published on March 3, 2025 its draft to simplify the regulatory requirements for insider lists in accordance with Art. 18 MAR. The aim is to implement the requirements under EU Listing Act ((EU) 2024/2809) and reduce administrative burden. The...
MehrApril 17 2025
EBA Guideline on ESG Szenario Analyse
The EBA has consulted on guidelines on ESG scenario analyses, which supplement the guidelines on ESG risk management. The EBA sets out the expectations for ESG scenario analyses. The aim is for institutions to test their resilience to the negative...
MehrApril 15 2025
IDW BFA 2 n.F. - Accounting for financial instruments in the trading portfolio at institutions
For the German Banking Industry Committe, it is not entirely clear why the revision is being made at this time. The draft references the regulations of the CRR or supervisory requirements regarding market risk/FRTB. In mid-2025, the European...
MehrApril 14 2025
GBIC comments on FATF consultation on revisions to Recommendation 16 (Payment Transparency)
The Financial Action Task Force (FATF) launched a public consultation on revisions to the Recommendation 16 regarding Payment Transparency. GBIC points out in its comments that several proposed provisions should be revised to achieve a better balance...
MehrApril 10 2025
New wholesale settlement solution paves the way for a digital savings and investment union
A wholesale settlement is the online settlement of transactions in central bank money by payment and investment service providers. It does not include payments from consumers or businesses, nor does it use a Retail Central Bank Digital Currency...
MehrApril 9 2025
GBIC comments on EBA consultation on the prudential treatment of crypto assets
The GBIC advocates that the EBA should keep the additional effort for institutions to a minimum and grant appropriate implementation deadlines.
MehrApril 2 2025
Comments on the EU-Cyber Resilience Act
The German Banking Industry Committee (GBIC) is committed to ensuring that digital financial products distributed by the financial sector across the EU are eligible for such a restriction or exclusion.
MehrMarch 27 2025
GBIC interpretation of the DORA constellation ‘ICT service as part of a regulated financial service’
The German Banking Industry Committee (GBIC) has prepared an interpretation of the DORA constellation ‘ICT service as part of a regulated financial service’. The background to the paper is the Q&A of the European Supervisory Authorities (EBA, ESMA,...
MehrMarch 26 2025
EU Taxonomy: GBIC comments to amendments of delegated acts
In response to the European Commission’s consultation on its proposed changes to the delegated acts of the EU Taxonomy the German Banking Industry Committee (GBIC) issued a statement. The core proposal of the GBIC is to make the EU Taxonomy more...
MehrMarch 20 2025
GBIC statement on the secure display of transaction data with the FIDO2 standard
The German Banking Industry Committee (GBIC) is pushing for an extension of the FIDO2 standard to ensure the secure display of transaction data.
MehrMarch 19 2025
GBIC Comments on trilogue negotiations on a framework for Financial Data Access (FiDA) Regulation
The regulation establishing a framework for financial data access (FiDA) is intended to promote competition and innovation in the European financial market by making access to customer data easier and by maximising the potential of a data economy.
MehrMarch 11 2025
GBIC comments on EBA consultation on the materiality of IRBA model changes
The GBIC welcomes the changes in principle, as they should lead to more efficient model change processes.
MehrFebruary 26 2025
GBIC comments on EBA guidelines on retail diversification methods
The GBIC is critical of the EBA's proposals to determine the degree of diversification in the retail business using complex procedures. The smallest institutions would be particularly affected, as they would have to accept restrictions in the lending...
MehrFebruary 24 2025
CMDI review as a chance: reduce bureaucracy, ensure stability and maintain proven flexibility
The German Banking Industry Committee (GBIC) comments on the Trilogue negotiations on the review of the European bank crisis management and deposit insurance framework (CMDI review) and is calling for a suitable continuation in terms of content. The...
MehrFebruary 13 2025
Position paper on Omnibus initiative to simplify sustainability-related requirements for businesses...
The GBIC outlines proposals through which the efficiency, steering-relevance and implementation of existing sustainable finance regulation could be improved. Through an Omnibus-Initiative the EU frameworks on sustainability reporting, the Taxonomy...
MehrJanuary 23 2025
The German Banking Industry Committee’s key requirements of the digital euro
The introduction of a digital euro will make Europe more independent, more competitive and more resilient. The German Banking Industry Committee supports these aims. We are convinced that, under certain conditions, a digital euro will strengthen the...
MehrJanuary 17 2025
Comments by the German Banking Industry Committee on the ECB’s consultation on O&Ds
On November 8, 2024, the European Central Bank (ECB) launched a consultation to update its guidelines on the options and discretions (O&Ds) opened up under Union law, last revised in 2022. The German Banking Industry (DK) submitted a comment letter...
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