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

08.09.2016
Technical paper

PSD II: EBA Consulation on strong Customer Authentication and secure Communication

08.09.2016
Technical paper

BEPS: OECD releases Discussion Draft on BEPS in the banking and insurance sectors

08.09.2016
Technical paper

Data Protection: EU – U.S. Privacy Shield

Statements

12.09.2016

Konsultation 08/2016 - Änderung der Institutsvergütungsverordnung und Auslegungshilfe

02.09.2016

Anhörung zur Allgemeinverfügung bzgl. "Bonitätsanleihen" GZ: VBS 7-Wp 5427-2016/0019

05.08.2016

Referentenentwurf einer Siebten Verordnung zur Änderung der EdW- Beitragsverordnung

Seminars

05.10.2016

Foreign Banks in Germany - für Geschäftsleiter, Führungspersonal und Aufsichtsräte

11.10.2016

Common Reporting Standard (CRS) - Implementierung des CRS bei Auslandsbanken

13.10.2016

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