Press releases / Comments

May 2 2023

On January 31, 2023, the EBA presented draft Implementing Technical Standards on the future, European harmonized regulatory reporting requirements for interest rate risk in the banking book (IRRBB). DK has commented on the EBA draft.

March 24 2023

On December 7, 2022, the EU Commission has published a proposal for an EU Listing Act. Amendments on the Prospectus Regulation and Market Abuse Regulation are key elements of this proposal. The GBIC has commented on the proposal of the EU Commission...

March 16 2023

The German banking industry rejects, above all, the introduction of a pre-pack procedure and a simplified liquidation procedure for micro-entities, which is intended in the light of an improvement of the Capital Markets Union.

March 3 2023

EBA published a consultation paper in December 2022 to amend the Implementing Regulation on the benchmarking of credit risk, market risk and IFRS9 models for the 2024 exercise.

March 1 2023

GBIC welcomes the objective of the eIDAS Regulation to create the necessary framework conditions for the further digitalisation of public and private services as well as business processes in the EU by introducing a European Digital Identity (EUDI).

February 28 2023

The GBIC welcomes the IASB's proposed approach of not initially recognising deferred taxes resulting from the OECD minimum taxation, but to make corresponding disclosures in the notes.

January 24 2023

In addition to the comments of 25 November 2022 the GBIC has commented on sanctions aspects of the proposal of the European Commission for a regulation on instant credit transfers.

December 9 2022

If a digital euro is introduced, it must be successful for many reasons: for European citizens and the economy in general, and for European banks and savings banks in particular.

December 6 2022

The German Banking Industry Committee (DK) commented on the Call for Evidence on the implementation of Chapter Ia and Article 3j of the Shareholder Rights Directive II.

December 5 2022

The German Banking Industry Committee (GBIC) have detailed several aspects regarding a Commercial Bank Money Token (CBMT) in a new working paper.

November 25 2022

The German Banking Industry Committee (GBIC) has commented on the European Commission’s proposal for a regulation amending Regulations (EU) No 260/2012 and (EU) 2021/1230 as regards instant credit transfers in euro.

November 24 2022

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...

November 23 2022

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...

November 2 2022

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.

October 10 2022

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.

September 12 2022

GBIC is commenting EBA’s draft RTS on groups of connected clients.

September 6 2022

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.

September 6 2022

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.