
	Simplify complex regulation in Europe
	Global level playing field needed
	German banks are well capitalised


Europe’s financial market rules need to be simplified and take better account of developments in global regulation, Christian Sewing, President of the Association of German Banks, said on

2024 IMF/World Bank Group Annual Meetings: Sewing calls for balanced regulation and fair competitive conditions

1. Politicians and supervisory authorities often refer to complex regulations. What exactly does this mean?

After the financial crisis in 2008, changes were made to supervisory regulations for banks with the goal of ensuring financial stability. Since then, these new regulations have been proven

3 questions, 3 answers: complex regulations


	Simplify complex regulation in Europe
	Global level playing field needed
	German banks are well capitalised


Europe’s financial market rules need to be simplified and take better account of developments in global regulation, Christian Sewing, President of the Association of German Banks, sa

CEO of the Association of German Banks, Heiner Herkenhoff, warns of the dangers posed by a new EU Directive against online fraud
by Björn Hartmann, die korrespondenten.

The number of online fraud cases in Germany has been growing. Heiner Herkenhoff, CEO of the Association of German Banks, explai

Herkenhoff: A paradise for cybercriminals

1)&nbsp;&nbsp; &nbsp;What does SSM mean?

The abbreviation SSM stands for Single Supervisory Mechanism. This is the system of banking supervision in Europe, which consists of the European Central Bank (ECB) and the national supervisory authorities of the participating countries.&nbsp;

The SSM w

3 questions, 3 answers: SSM

1. Politicians and supervisory authorities often refer to complex regulations. What exactly does this mean?

After the financial crisis in 2008, changes were made to supervisory regulations for banks with the goal of ensuring financial stability. Since then, these new regulations have been proven 

1. What does CMDI stand for, and what does it mean?&nbsp;

The EU bank crisis management and deposit insurance framework (CMDI) lays out rules for how to handle banks that are having financial problems. It was created after the financial crisis in 2008, with one goal being to ensure that there is 

3 answers to 3 questions: CMDI

Guest article in the Börsen-Zeitung from 21 June 2024 with Heiner Herkenhoff, CEO of the Association of German Banks.

“When the forest of traffic signs becomes so dense that we can no longer see the path, we are bound to lose our way.” This is BaFin President Mark Branson’s description of the cur

Herkenhoff: Less complex regulation would bring more growth


	Bankenverband sets out positions on European policy
	Focus must be on capital markets union
	Make financial market regulation fit for the future


“Europe is more important than ever. An open and democratic Europe is vital for our cohesion and our competitiveness in the world,” said Heiner H

Bankenverband calls for more Europe, less bureaucracy 

BdB has submitted a reply to CP ESMA70-156-6307.


ESMA Manual on post-trade transparency – BdB comments

The European Union faces the once-in-a-century task of asserting itself – as a community – politically, economically and socially in a world of global competition.

Financial market regulation

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2024 IMF/World Bank Group Annual Meetings: Sewing calls for balanced ...

3 questions, 3 answers: complex regulations