Positions

Latest position papers published by WSBI and ESBG. Responses to consultations and letters submitted to the European Commission an​d other po​​licymaking bodies appear in many of the published papers.​​



Latest

ESBG response to the EBA’s consultation on Guidelines on preventing the abuse of funds and certain crypto-assets transfers for ML/TF

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

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

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

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

On 14 December, ESBG submitted its feedback on the Sustainable Finance Disclosure

ESBG Advocates Clarity and Harmony in EU Taxonomy Implementation

ESBG remains committed to ensuring a clear and effective regulatory framework.

ESBG advocates for harmonized reporting as part of the Common Data Dictionary

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

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.

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

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

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

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

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

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

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

Position Paper | Auditing, Accounting And Reporting

ESBG responds to Commission’s call for feedback on its legislative package on CMDI

On 31 August, ESBG shared its feedback with the European Commission on the legislative package which aims to review the Crisis Management and Deposit Insurance

ESBG responds to the European Commission consultation on the Retail Investment Strategy (RIS) legislative package

On 4 August 2023, the ESBG, by replying to the Have-your-Say consultation launched by the European Commission on the Retail Investment Strategy (RIS) legislative package, submitted its position paper…

ESBG responds to the Commission’s call for evidence on the 2014-2020 EU consumer programme

On 22 June 2023, ESBG submitted its response to the consultation launched by the European Commission on the 2014-2020 EU consumer programme.

ESBG has recently submitted its response to the EBA consultation on its draft Guidelines on resubmission of historical data

The objective is to establish a standardized approach for financial institutions to resubmit historical data in case of errors