The German Banking Industry Committee (GBIC) welcomes the opportunity to respond to the call for evidence on the European Commission’s open finance framework initiative.

title

Comments

twitter:card

Comments on the call for evidence on an open finance framework

relevant Downloads

default.png

Parallax Hafen

Bundestag

German Banking Industry Committee | Bankenverband

German Banking Industry Committee

Digitisation

The German Banking Industry Committee (GBIC) welcomes the European Commission’s goal of a 25 percent reduction in the burden on companies and administrative organizations resulting from reporting requirements.


Comments regarding the European Commission's consultation exercise "rationalisation of reporting requirements"

The European Banking Authority (EBA) launched a public consultation in July 2023 on its Draft Guidelines on the establishment and maintenance of national lists or registers of credit servicers under Directive 2021/2167. The proposed Guidelines specify the types of information that national lists or 

Comments on EBA’s Draft Guidelines on the establishment and maintenance of national lists or registers of credit servicers

The European Commission has presented its proposals on the draft legislation for the revision of the second EU Payment Services Directive (PSD2) on 28 June 2023. The German Banking Industry (DK) welcomes the fact that essential provisions of the previous regulations will be retained. On the one hand

Comments on the European Commission's legislative proposals of 28 June 2023 to revise the Second Payment Services Directive

The European Banking Authority (EBA) launched a public consultation in July 2023 on draft templates and template guidance for collecting climate related data from EU banks. This effort is part of the one-off Fit-for-55 climate risk scenario analysis. The draft templates are designed to collect clima

GBIC comments on EBA’s draft templates and template guidance for collecting climate related data from EU banks

The consultation by the Financial Stability Board (FSB) “on the effects of G20 financial regulatory reforms on securitisation” is the start of a global discussion on the review of the securitisation framework. We believe it has become an urgent matter, both in terms of the timing and the content, to

Comments on FSB consultation: Evaluation on Effects of G20 Reforms on Securitisation 

The European Central Bank (ECB) launched a public consultation in July 2023 on its Guide on effective risk data aggregation and risk reporting. The guide details supervisory expectations for governance and risk management and shares best industry practices. Banks are expected to step up and conclude

GBIC comments on ECB’s Guide on effective risk data aggregation and risk reporting

The German Banking Industry Committee (Die Deutsche Kreditwirtschaft) welcomes the fact that the Basel Committee on Banking Supervision is revising its principles for effective banking supervision in order to address supervisory and regulatory developments, structural changes in the banking system, 

Comments of the German Banking Industry Committee on the BCBS-Consultative Document "Core principles for effective banking supervision"

The Regulation, as proposed, is a step in the right direction in regulating the ESG ratings market and improve the quality of ESG ratings. However, some uncertainties and issues remain, especially with regards to the Regulation’s scope and in the context of unsolicited ratings. It is welcome that mo

DK Comments on the Commission proposal for a Regulation on ESG rating activities

The European Central Bank (ECB) launched a public consultation in June 2023 on its revised Guide to internal models. The revision reflects updates on the legal framework and builds on the ECB’s experience gained over the years in supervising internal models. The revision accounts for climate-related

GBIC comments on ECB’s revised Guide to internal models

BdB_RZ_bright_Distributed-Ledger-Technologie_Laptop-Zahlen.png

Parallax Wolken

Bankenunion_01_Europaeische_Banken.png

Economy

Consumers

Corporates

Regulation

Financial markets

Comments on the call for evidence on an open finance fr

description

The German Banking Industry Committee (GBIC) welcomes the opportunity to respond to the call for evidence on the European Commission’s open finan

abstract

The German Banking Industry Committee (GBIC) welcomes the opportunity to respond to the call for evidence on the European Commission’s open finance fr

Comments on the call for evidence on an open finance framework

Downloads

Comments on the call for evidence on an open finance framework

Comments regarding the European Commission's consultation exercise ...

Comments on EBA’s Draft Guidelines on the establishment and maintenance ...

Comments on the European Commission's legislative proposals of 28 June ...

GBIC comments on EBA’s draft templates and template guidance for ...

Comments on FSB consultation: Evaluation on Effects of G20 Reforms on ...

GBIC comments on ECB’s Guide on effective risk data aggregation and ...

Comments of the German Banking Industry Committee on the ...

DK Comments on the Commission proposal for a Regulation on ESG rating ...

GBIC comments on ECB’s revised Guide to internal models