History of ECBS

The European Committee for Banking Standards (ECBS) was formed in December 1992 by Europe's three Credit Sector Associations (or: ECSAs), the Banking Federation of the European Union (EBF), the European Savings Banks Group (ESBG), and the European Association of Co-operative Banks (EACB). The ECSAs represent the interests of the European banks and associations from the countries of the European Union (EU), the European Economic Area (EEA), and the European Free Trade Association (EFTA).

Between 1992 and 2004 ECBS's primary aim has been to enhance the European technical banking infrastructure by developing standards once clear business and commercial interests have been identified. ECBS produced technical reports and standard implementation guidelines aimed at assisting the European banking sector’s application of relevant standards. At European and International levels, ECBS monitored related standards activities that could have an impact on the European banking community and provided a forum for voicing the European banking sector’s opinion on relevant matters to the various standards and industry bodies.

Observers to the Technical Committees and Working Groups established by ECBS included the European Central Bank, the major payment schemes (MasterCard Europe and Visa Europe), SWIFT and the Euro Banking Association (EBA). ECBS had a co-operation agreement with ETSI (European Telecommunication Standards Institute).

During 2004, ECBS began to work closely together with the European Payments Council (EPC)], aligning some of the committees and support functions, a process which has been completed in 2006. At that date the Charter of the European Payments Council was amended to reflect that:

"the purpose of the EPC is to support and promote the Single Euro Payments Area (SEPA) ... To that effect, the EPC shall amongst others, develop the activities mentioned below.
For credit institutions within the Single Euro Payments Area (SEPA) the EPC shall:
- ... provide strategic guidance for standardization,
- formulate rules, best practices and standards,....
The scope of the EPC is core payment services (retail and commercial payments) in Euro in Europe, and their settlement".

As a consequence ECBS has now discontinued its activities in the areas covered by EPC. EPC official website: http://www.europeanpaymentscouncil.eu/

Disclaimer:

This website is an independent European banking and financial community resource provider, and is not affiliated or has *no* connection whatsoever with the former European Committee for Banking Standards (ECBS).

However, the selected former ECBS content is gathered for the purpose of Knowledge Base only to help gather support, resources, hints, tips and search answers to common questions related to the European Banking standards, business, development, monitoring and liaising.

The contents of this site such as web address, email, history, and other information that we collect from outside original companies or third parties, that we require in order to provide the products or services you need, no more reflect the strategy of former ECBS.

Because we constantly strive to bring new and better services to the European banking community, the resources may not reflect all of the most current service offerings for which information is collected. We’ll do our best to update this policy as we provide new services, so please check back often.

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We do not rent, sell, give away or share any information about our readers, members or visitors with any other party.

However, some information may automatically be collected by our web servers as you browse our site - such as - the domain name of the service providing you with Internet access, the Internet protocol (IP) address used to connect your computer to the Internet, your browser type and version, operating system and platform, the average time spent on our site, pages viewed, information searched for, access times and other relevant statistics. We also use cookies on our site. Cookies are pieces of information that a web site transfers to the hard drive of a visitor's computer for record-keeping purposes.

This Web site has links to other Web sites, including other government agencies, non-profit organizations and private businesses. When you link to one of these external Web sites, you are no longer on ECBS's Web site and this privacy notice no longer applies. Instead, you are subject to the privacy notice of that Web site.