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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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GBIC comments on amending Delegated Regulation (EU) 2019/98

The German Banking Industry Committee (GBIC) welcomes the objective of revising Commission Delegated Regulation (EU) 2019/980 to simplify prospectus requirements, streamline their content and further standardise format and structure, thereby reducing administrative burdens for issuers, improving comparability for investors and strengthening access to EU capital markets.