European Banking Industry Committee (EBIC) aims to allow market participants
to provide advice and
ensure a representative
and coordinated industry view throughout the process of drafting,
adopting, implementing and enforcing EU-financial legislation.
Together , the members of EBIC will advise the Commission on legislative
initiatives. They also intend to play a key consultative role in the
framework of the Lamfalussy process, as it is established in the
Furthermore, the EBIC will answer requests for consultation from other
relevant committees involved in the "comitology process" as well as from
European Institutions; it will at the same time inform relevant bodies
of the latest developments in the credit sector industry.