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Recital 12

Recital 12

(12)It is necessary to optimise the operational capacities of DGSs and to reduce their administrative burden. For that reason, it should be established that when it comes to the identification of depositors that are entitled to deposits in beneficiary accounts or to the assessment of whether depositors are eligible for temporary high-balances safeguards, it remains the depositors’ or account holders’ responsibility to demonstrate, by their own means, their entitlement to such deposits.

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