Recital 8

(8)To ensure that deposits taken for the purpose of compliance with the minimum requirements for own funds and eligible liabilities under Directive 2014/59/EU of the European Parliament and of the Council ⁶ are used in their entirety to bear losses and contribute to the recapitalisation of a credit institution in the event of its failure, they should be excluded from coverage by DGSs. In order to ensure equal treatment of such deposits based on objective criteria, they should be excluded from coverage by DGSs regardless of whether the resolution authority has authorised their inclusion in the amount of own funds and eligible liabilities.