Comments

Comments regarding the European Commission's consultation exercise

"rationalisation of reporting requirements"

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.

Rationalisation of reporting requirements

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Comments

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.