Comments

Implementing Technical Standards on Pillar 3 Data Hub (EBA/CP/2024/20)

Comments on EBA consultation paper

On 11 October 2024, the European Banking Authority (EBA) initiated a consultation on the Pillar 3 data hub. The EBA was mandated to publish on its website all prudential disclosures for the institutions centrally through a single electronic access point. In its comments, the German Banking Industry Committee (GBIC) made clear that, among other things, it is committed to a seamless submission procedure for disclosure reports, a permanent test environment in the data hub and an unbureaucratic method of requesting personal contact data. Further details can be found in the GBIC’s full comments.

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Comments on Implementing Technical Standards on Pillar 3 Data Hub (EBA/CP/2024/20)

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GBIC comments on amending Delegated Regulation (EU) 2019/98

The German Banking Industry Committee (GBIC) welcomes the objective of revising Commission Delegated Regulation (EU) 2019/980 to simplify prospectus requirements, streamline their content and further standardise format and structure, thereby reducing administrative burdens for issuers, improving comparability for investors and strengthening access to EU capital markets.