August 21 2019
German Banking Industry Committee supports transitional period for strong customer authentication of...
GBIC stated against the backdrop of today’s announcement by the BaFin of transitional arrangements for the authentication of online card payments that banks have almost completed their preparations for the implementation of strong customer...More
May 23 2019
Italian-German Dialogue on Financial Services: a 10-point agenda from FeBAF and DK
The 10-point agenda was discussed today during the 4th round of the Italian-German Dialogue on Financial Services between the Italian Banking Insurance and Finance Federation (FeBAF, to whom 13 financial associations in Italy adhere) and the DK (...More
April 16 2019
German Banking Industry Committee: EU banking package major contribution to stabilising European...
The European Parliament today adopted the so-called ‘banking package’ broadly amending cornerstones of banking regulation.More
March 14 2019
MiFID II is driving customers away from the capital markets
The German Banking Industry Committee (GBIC) has studied the impact of the European Markets in Financial Instruments Directive (MiFID II). Professor Stephan Paul of Ruhr University Bochum interviewed around 3,000 customers and over 150 banks in...More
December 6 2018
GBIC calls for leaner and more effective rules on non-performing loans
The German Banking Industry Committee sees room for improvement regarding the resolution adopted today by the European Parliament’s Committee on Economic and Monetary Affairs on what is referred to as the prudential provisioning mechanism ...More
December 3 2018
Agreement reached on the EU Banking Package on the finishing straight
The German Banking Industry Committee welcomes the fact that the negotiations on what is referred to as the “Banking Package” have recently gained significant depth and momentum and that an important agreement on key issues has been reached at...More
May 28 2018
EU Banking Package: EU Council adopts general approach
One of the aims of the general approach adopted by the EU Council today to what is referred to as the “Banking Package” (CRR II / CRD V) is to tighten the own funds requirements ...More
March 9 2018
Italian-German Dialogue on Financial Services to intensify
The two financial communities met in Rome today for the second round of the initiative of FeBAF and GBIC. Positive outlooks for the future, ready for the next challenges the sector is expected to play. A balanced European financial regulation key...More
February 8 2018
Berlin Group publishes Version 1.0 of the NextGenPSD2 Framework
Today, the Berlin Group has published Version 1.0 of the NextGenPSD2 Access to Accounts (XS2A) framework that enables Third Party Providers (TPPs) to access bank accounts under the revised Payment Services Directive (PSD2). Version 1.0 integrates...More
December 7 2017
German Banking Industry Committee: Agreement on Basel IV must not be detrimental to Europe's economy
The Basel Committee has reached agreement on the Basel IV package following lengthy and difficult negotiations. It should be acknowledged that Germany's negotiators, in particular, fought long and hard against a compromise that would adversely affect...More
October 11 2017
German Banking Industry Committee rejects current EU Commission proposals to create a uniform...
The European Commission's discussion paper published today on the completion of the Banking Union with a European Deposit Insurance Scheme (EDIS) represents only marginal progress, according to the German Banking Industry Committee. In the opinion of...More
September 27 2017
Berlin Group launches Public Market Consultation on NextGenPSD2 Standard
On 2 October 2017, The Berlin Group will launch a 6-weeks public market consultation on its NextGenPSD2 Access to Accounts (XS2A) Standard that enables Third Party Providers (TPPs) to access bank accounts under the revised Payment Services Directive...More
August 30 2017
The German Banking Industry Committee on the Survey by the Bundesbank and BaFin of the Financial...
The reports published by the Deutsche Bundesbank and the German Federal Financial Supervisory Authority (BaFin) on August 30, 2017 on the 'Multi-institutional request for information concerning the financial performance and resilience of German...More
July 18 2017
Position of the German Banking Industry Committee on the EU interim report on sustainable finance:...
At the end of last year, the European Commission established a high-level expert group to give advice on the Commission's sustainable finance initiative. The group delivered its first interim report on July 13, 2017, which will be discussed today at...More
June 13 2017
A single European standard for accessing bank accounts
NextGenPSD2 Initiative, a dedicated taskforce of the Berlin Group, today announced the creation of an open, common and harmonised European API (Application Programming Interface) standard to enable Third Party Providers (TPPs) to access bank accounts...More
May 31 2017
German Banking Industry Committee: critical review of the EU supervisory authorities' activities in...
The German Banking Industry Committee (DK) is in favor of a critical review of the work of EU supervisory authorities in the financial sector. Germany's banks and savings banks therefore welcome the European Commission's initiation of a discussion on...More
November 30 2016
GBIC: Further strengthen global economic and financial resilience
The German Banking Industry Committee (GBIC) welcomes it that, under the new German presidency, the G20 aims to further strengthen the resilience of economies and financial markets in 2017 as well.More
November 4 2016
The German Banking Industry Committee welcomes Esther de Lange’s report on the planned European...
The report by Esther de Lange, MEP and member of the European People’s Party, on the European Deposit Insurance Scheme is basically a step in the right direction in the view of the German Banking Industry Committee (GBIC). GBIC welcomes the fact that...More