July 5 2022
German Banking Industry Committee calls for more space for innovation in payments services
The European Commission has begun its review of the Revised Payment Services Directive (PSD2). In a position paper, the German banking associations advocate maintaining stability in the regulatory environment for payments in the coming years.
MehrJune 1 2022
EU banking package: German banks warn of adverse consequences for the economy
The European Parliament’s rapporteur, Jonás Fernández (S&D), has today released his draft report on the European Commission’s legislative proposal for implementing Basel III in the EU (known as the EU banking package).
MehrJuly 5 2021
German Banking Industry Committee presents policy paper on “digital euro”
ECB needs to think beyond digital cash In a policy paper, the German Banking Industry Committee (GBIC) for the first time sets out detailed thoughts on the design of a “digital euro”. In this paper, experts from Germany’s five national...
MehrFebruary 16 2021
Covid-19: the Italian Banking Association and the German Banking Industry Committee propose more...
Shaping the Banking Union, refocussing on a fair regulatory approach towards the implementation of Basel III in the EU and adapting the treatment of non-performing loans (NPLs) in light of the current economic scenario, : these are the requests the...
MehrJanuary 29 2021
German Banking Industry Committee urges “prudent” discussion when revising the EU rules on crisis...
On 26 January 2021, the EU Commission launched the announced consultation on the revision of the crisis management and deposit insurance framework. In November 2020, the EU Commission had already stated that it would present proposals for the...
MehrAugust 22 2019
Legal bans are no help
The German Banking Industry Committee (GBIC) comments as follows on the discussion about a possible legal ban on negative interest rates for deposits of less than 100,000 euros.
MehrAugust 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...
MehrMay 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 (...
MehrApril 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.
MehrMarch 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...
MehrDecember 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 ...
MehrDecember 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...
MehrMay 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 ...
MehrMarch 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...
MehrFebruary 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...
MehrDecember 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...
MehrOctober 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...
MehrSeptember 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...
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