November 24 2022
EBA/CP/2022/05 Draft Implementing Technical Standards (NPL Transaction Data Templates)
The European Banking Authority (EBA) launched on 16 May 2022 a public consultation on the draft Implementing Technical Standards (ITS) specifying the requirements for the information that sellers of non-performing loans (NPL) shall provide to...
MehrNovember 23 2022
GBIC comments on EBA draft RTS on groups of connected clients
Please find attached GBIC‘s comments on EBA’s draft RTS on groups of connected clients. GBIC advocates for a consistent drafting of the RTS which will not lead to further burdens for institutions compared to the already existing EBA guidelines on...
MehrNovember 2 2022
GBIC comments on the EBA’s supervisory handbook on the validation of IRB rating systems
GBIC has commented on the EBA’s supervisory handbook which sets out expectations for the validation of rating systems that institutions use within the internal ratings based approach (IRBA) to determine their own funds requirements.
MehrOctober 10 2022
Comments - Review of the Guidelines on MIFID II product governance requirements
In June 2017, ESMA published the "Guidelines on MiFID II product governance requirements", which further specify the requirements of MiFID II and its Delegated Directive with regard to target market determination.
MehrSeptember 12 2022
GBIC Comments on RTS on groups of connected clients
GBIC is commenting EBA’s draft RTS on groups of connected clients.
MehrSeptember 6 2022
Benchmark Regulation – EU Commission’s consultation on third-country benchmarks
With the introduction of the Benchmark Regulation (BMR), provisions for the use of benchmarks from third-country administrators (third-country benchmarks) have also been introduced.
MehrSeptember 6 2022
Minimum Social Safeguards of the EU Taxonomy
The EU Platform on Sustainable Finance consulted its draft report on the Taxonomy’s minimum social safeguards. The German Banking Industry Committee provided comments to the consultation.
MehrAugust 9 2022
European Sustainability Reporting Standard
A European Sustainability Reporting Standard ist currently being developed in the context of the Corporate Sustainability Reporting Directive (CSRD). The initial exposure drafts were published by the European Financial Reporting Advisory Group...
MehrAugust 3 2022
Comments on the call for evidence on an open finance framework
The German Banking Industry Committee (GBIC) welcomes the opportunity to respond to the call for evidence on the European Commission’s open finance framework initiative.
MehrJuly 27 2022
EBA discussion paper on the role of environmental risk in the prudential framework
The German Banking Industry Committee (GBIC) provided comments on the European Banking Authority’s discussion paper on the role of environmental risk in the prudential framework. In particular, the GBIC advocates for a risk-based approach.
MehrJune 30 2022
FSB report on supervisory and regulatory approaches to climate-related risks: GBIC response
GBIC response on the FSB interim report on climate-related risks.
MehrJune 14 2022
GBIC comments on the targeted consultation on the digital euro
The German Banking Industry Committee (GBIC) commented on the European Commission’s consultation on a digital euro.
MehrMay 19 2022
GBIC comments on the targeted consultation on improving the EU’s macroprudential framework for the...
This review should take into account the regulatory initiatives of the last years. A holistic approach is needed.
MehrMay 13 2022
Comments of the German Banking Industry Committee on the European Data Act proposal
The German Banking Industry Committee (GBIC) welcomes the objective pursued by the proposal for a European Data Act, namely to establish a horizontal legal framework to facilitate the access to data for, and the exchange of data between, consumers...
MehrMay 11 2022
Position Paper on the EU Regulatory Framework for Artificial Intelligence
In April 2021, the European Commission presented its proposal for regulating artificial intelligence (AI). This proposal is also crucially important to the German economy.
MehrApril 27 2022
ESMA Consultation on the „Guidelines on certain aspects of the MiFID II suitability requirements“
The German Banking Industry Committee (GBIC) submitted their responses to the consultation paper published by the European Securities and Markets Authority (ESMA).
MehrApril 7 2022
European Single Access Point
We are generally in favour of standardised, uniform and database-based reporting which is readable for both humans and machines. We also welcome the associated aims, especially that of creating comparability across businesses.
MehrMarch 28 2022
GBIC comments on EBA consultations on interest rate risk in the banking book
GBIC has submitted comments on three EBA consultation papers on interest rate risk in the banking book (IRRBB).
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