September 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...
MehrAugust 14 2023
First Comments on the EU Commission's Legislative Proposal on a digital Euro
On June 28th 2023, the European Commission published its legislative proposal for a digital Euro. While more technical aspects have been discussed so far, fundamental questions must now be answered.
MehrAugust 23 2020
Comments on Technical Amendment on capital treatment of securitisations of non-performing loans
The German Banking Industry Committee (GBIC) has issued its comments to the public consultation of the Basel Committee on Banking Supervision (BCBS) on the technical amandment on capital treatment of securisations of non-performing loans (NPL). In...
MehrJune 17 2019
IASB Exposure Draft ED/2019/1 Bechmark Reform
IASB proposes changes to IAS 39 and IFRS 9 due to possible effects of the IBOR reform. GBIC basically agrees with the proposals but advocates also for reliefs concerning retrospective effectiveness testing and dynamic hedging according to IAS 39.
MehrMay 25 2018
Comments on the BCBS Pillar 3 disclosure requirements – updated framework
The Basel Committee on Banking Supervision (BCBS) issued on 27 February 2018 a consultative document on the updated Pillar 3 disclosure requirements framework ...
MehrMay 25 2018
EFRAG Discussion Paper Equity instruments – Impairment and Recycling
EFRAG has published a discussion paper where alternative rules for accounting of equity instruments according to IFRS 9 (FV-OCI) are discussed ...
MehrMay 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.
MehrMarch 9 2018
Comments on ESMA’s Response form for the Consultation Paper on draft RTS under the new Prospectus...
The German Banking Industry Committee (GBIC) comments the Key financial information in the summary on ESMA’s Response form for the Consultation Paper on draft RTS under the new Prospectus Regulation ...
MehrOctober 25 2016
EBA guidelines to expected credit lossess
In July 2016, the EBA (European Banking Authority) issued draft guidelines on credit risk management practices and accounting for expected losses.
MehrJune 3 2016
Comments on Consultative Document on Standardised Measurement Approach for Operational Risk (BCBS...
In autumn 2015, the BCBS announced that it would withdraw the AMA for operational risk. It stated that the rationale for dropping the AMA would be explained in the BCBS’s new consultative document. In our view, however, the consultative document does...
MehrOctober 4 2013
Comments On the Consultation Document “Revised Basel III leverage ratio framework and disclosure...
On 26 June 2013, the Basel Committee for Banking Supervision published its Consultation Document entitled “Revised Basel III leverage ratio framework and disclosure requirements“. We appreciate the present opportunity to share our comments.
MehrApril 10 2013
Comments by the German Banking Industry Committee on the Exposure Draft "Classification and...
With this Exposure Draft, the IASB has picked up on various points of criticism regarding the already finalised IFRS 9 (2009/2010). The key change is the proposed introduction of the FVTOCI category. The IASB has stated that such a category would...
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