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GBIC Statement on the EU Commission's Proposal

for a Directive on the Definition of Offences and Sanctions in Case of Violation of Restrictive Measures of the Union

The German Banking Industry Committee (GBIC) commented on the European Commission’s proposal for a directive on the definition of criminal offences and penalties for the violation of Union restrictive measures.

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Comments directive on the definition of criminal offences and penalties for the violation of Union restrictive measures

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GBIC comments on the EBA Discussion paper

Simplification and assessment of the credit risk framework

The German Banking Industry Committee welcomes the initiative of the European Banking Authority (EBA) to explore possible avenues for simplifying the existing credit risk framework.