The Association of Foreign Banks in Germany

The Association of Foreign Banks in Germany (VAB) represents the interests of more than 200 foreign banks, investment management companies and financial services institutions in Germany from more than 30 countries. Established as subsidiaries, branches, representative offices or in the course of cross-border services, our members provide a broad range of financial services and employ around 30,000 people nationwide. To become VAB member, major foreign ownership is necessary. Nearly all foreign financial institutions operating in Germany are organized in the VAB.

Since 1982 we support our members at establishing branches and have provided them with valuable information, especially about the legal and fiscal framework. At the same time, we represent the specific interests of the foreign financial industry vis-à-vis the German and European legislature, supervisory authorities and administration.

We consider ourselves as a service provider for our members, as well as for the public and the press which includes providing specific expertise on the various business models and the corresponding regulatory and fiscal issues of foreign banks and other financial service providers to German and European politicians and supervisory authorities. At the same time we offer our members a broad information platform. The VAB is a network for information and exchange of views for its member institutions; VAB organizes working groups, forms project groups and organizes specialised seminars and trainings on current topics.

News

14.03.2017
Press report

Rede zur Pressekonferenz am 14.03.2017 (Deutsch/Englisch)

14.03.2017
Presse

Statistiken zur Pressekonferenz am 14.03.2017

14.03.2017
Press report

Pressemeldung 1/2017 zur Pressekonferenz am 14.03.2017 (Deutsch/Englisch)

Statements

07.03.2017

Consultation on draft Guidelines on major incidents reporting under the Payment Services Directive 2

05.01.2017

Consultation Paper ESMA/2016/1436 - Draft guidelines on MiFID II product governance requirements

04.01.2017

Stellungnahme zum Referentenentwurf eines Gesetzes zur Umsetzung der aufsichtsrechtlichen Vorschriften der Zweiten Zahlungsdiensterichtlinie (Zahlungsdiensteumsetzungsgesetz – ZDUG)

Seminars

27.03.2017

Die Praxis der Betriebsstättengewinnaufteilung

29.03.2017

Auslagerung und Auslagerungsmanagement

30.03.2017

HR, Arbeitsrecht und Vergütung