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Press release

10th of September 2026

BaFin determines compensation case for Bank Sepah-Iran, Frankfurt am Main Branch

The Federal Financial Supervisory Authority (BaFin) determined on 10 September 2026 that compensation is payable to Bank Sepah-Iran Frankfurt am Main Branch, as a Branch of Bank Sepah Headquartered in Tehran, Iran depositors in accordance with Section 10(1) of the German Deposit Guarantee Act (Einlagensicherungsgesetz, EinSiG).

Press release

31st of August 2026

GBIC: Promote European cloud/AI offerings without restricting freedom to choose providers

From the perspective of the GBIC, CADA is addressing a real challenge. Europe relies on non-European providers in key parts of the digital value chain.

Comments

31st of August 2026

Comments on the Cloud and AI Development Act (CADA)

The German Banking Industry Committee (GBIC) supports the European Commission’s objective of strengthening Europe’s digital sovereignty and reducing dependencies in cloud, AI and data centre infrastructures.