Open on EUR-Lex ↗

Article 6 - Information concerning deposit-guarantee schemes

Article 6
Information concerning deposit-guarantee schemes

1. The competent authorities of the home Member State shall inform the competent authorities of a host Member State of the name of the deposit-guarantee scheme to which an institution belongs in accordance with Article 3(1) of Directive 94/19/EC of the European Parliament and of the Council 4.

2. The competent authorities of the home Member State shall provide to the competent authorities of a host Member State the following information in relation to the deposit-guarantee scheme referred to in paragraph 1:

((a))

the maximum coverage of the deposit-guarantee scheme per eligible depositor;

((b))

the scope of coverage and the types of deposits covered;

((c))

any exclusion from the coverage, including products and types of depositors;

((d))

funding arrangements of the deposit guarantee scheme, in particular whether the scheme is fundedex-anteorex-post, and the volume of the scheme;

((e))

contact details of the administrator of the scheme.

3. The information set out in paragraph 2 shall only be provided to the competent authorities of a host Member State once in relation to each deposit-guarantee scheme concerned. Where there is a change in the information provided, the competent authorities of the home Member State shall provide updated information to competent authorities of a host Member State.

  1. 4 Directive 94/19/EC of the European Parliament and of the Council of 30 May 1994 on deposit-guarantee schemes ( OJ L 135, 31.5.1994, p. 5 ). ↩
Official text · the act as published Open full page ↗
5 queries · page built in 5 msInventory f82bbfa3