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…
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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…
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…
GBIC Comments on RTS on groups of connected clients
GBIC is commenting EBA’s draft RTS on groups of connected clients. GBIC points out that there should be no additional requirements compared to the EBA…
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…
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…
European Sustainability Reporting Standard
A European Sustainability Reporting Standard ist currently being developed in the context of the Corporate Sustainability Reporting Directive (CSRD).…
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…
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…
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). The German Banking Industry Committee advocates gearing…
FSB report on supervisory and regulatory approaches to climate-related risks: GBIC response
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. In recent years, the declining use…