Positions
Latest position papers published by WSBI and ESBG. Responses to consultations and letters submitted to the European Commission and other policymaking bodies appear in many of the published papers.
Latest
ESBG’s response to the EFRAG Comment Letter on Financial Instruments with Characteristics of Equity
20/03/2024
On 29 November 2023, the International Accounting Standards Board (IASB) proposed amendments in an Exposure Draft to tackle
ESBG advocates for increased clarity and streamlining of supervisory reporting requirements
14/03/2024
On 14 March, ESBG submitted its response to the European Banking Authority (EBA) consultation on ITS amending Commission Implementation Regulation (EU) 2021/451 regarding supervisory reporting
WSBI-ESBG advocates for robust implementation of the BCBS Pillar 3 framework for climate-related financial risks
14/03/2024
On 14 March, WSBI-ESBG submitted its response to the Basel Committee on Banking Supervision (BCBS) consultation on its Pillar 3 disclosure framework for climate-related financial risks
ESBG stresses the need for consistency and clarity in its Response to the SFDR Review Consultation
06/03/2024
ESBG submitted its response to the European Commission’s consultation on the SFDR review, aiming to enhance transparency in sustainability-related disclosures within the financial services sector
ESBG response to the EBA’s consultation on Guidelines on preventing the abuse of funds and certain crypto-assets transfers for ML/TF
28/02/2024
The guidelines on the “travel rule” delineate the actions that Payment Service Providers (PSPs), Intermediary PSPs
ESBG responds to the SRB consultation on the future MREL policy
22/02/2024
The European Savings and Retail Banking Group (ESBG) submitted its response to the consultation launched by the Single Resolution Board (SRB) in December 2023 on the future of the Minimum Requirement…
ESBG’s response to the Commission’s consultation on the GDPR
09/02/2024
The primary EU legislation ensuring the fundamental right to data protection is the General Data Protection Regulation
Joint statement calling for clear distinction between AI and credit scoring in AI Act
17/01/2024
On 11 January 2024, a joint industry statement was issued by ESBG, together with the Association of Consumer Credit Information Suppliers (ACCIS)
ESBG stresses the need for consistency and clarity in its Response to the SFDR Review Consultation
15/12/2023
On 14 December, ESBG submitted its feedback on the Sustainable Finance Disclosure
ESBG Advocates Clarity and Harmony in EU Taxonomy Implementation
11/12/2023
ESBG remains committed to ensuring a clear and effective regulatory framework.
ESBG advocates for harmonized reporting as part of the Common Data Dictionary
04/12/2023
On 29 November, ESBG responded to the European Commission’s invitation for feedback on the Common Data Dictionary (CDD), a significant
ESBG’s position paper on the potential inclusion of SMEs in the Taxonomy
09/11/2023
In November 2023, ESBG published a position paper on the potential inclusion of
ESBG response to the EBA consultation on draft templates and template guidance for collecting climate related data from EU banks.
12/10/2023
ESBG welcomes the opportunity to answer to the EBA’s consultation on the draft templates for collecting
ESBG outlines vision on enhanced risk data practices as part of ECB consultation
06/10/2023
On 6 October, ESBG submitted its response to European Central Bank consultation on enhancing Risk Data Aggregation and Risk Reporting (RDARR)
ESBG advocates for further clarity in IFRS 9 Impairment requirements
04/10/2023
On 29 September, ESBG submitted its response to the International Accounting Standards Board’s (IASB) Request for Information on
ESBG responds to the ECB consultation on its Guide to Internal Models
15/09/2023
On 15 September 2023, ESBG responded to the European Central Bank (ECB) public consultation on its revised Guide to internal models
ESBG’s new position paper on the digital euro highlights pivotal open issues to be addressed by the legislators
14/09/2023
Digital Finance | Following the publication of a proposal for a Regulation on the establishment of the digital euro on 28 June 2023, the European Commission
ESBG advocates for further clarity and consistency in IFRS 9 Impairment requirements
14/09/2023
Financial Reporting | On 13 September, ESBG responded to the European Financial Reporting Advisory
ESBG provides overall assessment on clients’ sustainability preferences under the current framework by replying to the ESMA’s Call for Evidence
14/09/2023
Sustainable Finance/ On September 13, the ESBG submitted its response to the European Securities and Markets Authority
ESBG’s response to the Commission’s consultation on withholding tax procedures
13/09/2023
Position Paper | Auditing, Accounting And Reporting