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GBIC comment on the draft bill to amend the Foreign Trade Act

Ina Brüggemann

The German Banking Industry Committee (GBIC) has submitted a statement on the amendment of the Foreign Trade and Payments Act. In it, GBIC calls for the retention of the so-called grace period in Section 18 (11) AWG and the introduction of the possibility of comprehensive voluntary disclosure exempting from punishment. 

DK-Stellungnahme Änderung Außenwirtschaftsgesetz

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Ina Brüggemann

European and International Affairs

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Implementation of the amended Distance Selling Directive (EU 2023/2673)

Of 22 November 2023 into German law

The German Banking Industry Committee (DK) has issued a statement on the draft bill (RefE) of the Federal Ministry of Justice and Consumer Protection (BMJV) for a ‘Law Amending Consumer Contract and Insurance Law’ dated 9 July 2025.