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GBIC comments on the EBA’s consultation on its guidelines on overall recovery capacity

The GBIC is critical that the guidelines focus solely on overall recovery capacity for peer group comparison. Instead, the focus should be on identifying optimal recovery strategies for each bank. In addition, the content overlaps with existing EBA guidelines.
 

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EBA Consultation Paper

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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.