Comments on the proposal for a Directive for the further harmonisation of insolvency law

The German banking industry committee 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.

Added the need for correction of the definitions under Article 2q.

The publication of the comments of 16 March 2023 on the European Commission's proposal for a directive on the harmonization of insolvency law to improve the Capital Markets Union can be found in the link section.

Downloads

Stellungnahme zu einem Richtlinienvorschlag der Europäischen Kommission

PDF

31.08.2023

Download

Links

Comments 9 November 2023

Comments 27 Frebruary 2023

Related content

Comments

16th of March 2026

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.

Comments

12th of March 2026

Market Integration and Supervision Package

The Market Integration and Supervision Package (MISP) published by the European Commission in December 2025 is a substantial step toward enhancing and integrating EU capital markets.

Comments

21st of January 2026

Input on a revised Delegated Act concerning standards for sustainability reporting

under the Corporate Sustainability Reporting Directive (CSRD)

The German Banking Industry Committee (DK) has taken a position on the revision of the ESRS and the EU taxonomy as part of the participation process initiated by the Federal Ministry of Justice and Consumer Protection (BMJV).