German Banking Industry CommitteeTaxEuropean Union

How the Banking Union can be strengthened in the short term

28.01.2021Position paper

In the European discussions on strengthening the Banking Union, a target similar to the U.S. FDIC has recently been increasingly postulated. The German Banking Industry Committee criticises this target and supports a strengthening of structures that already have been existing for decades and have proven their value. The German Banking Industry Committee discussed this issue in a position paper published today.