Annexes to COM(2010)368 - Deposit Guarantee Schemes [recast] - Main contents
Please note
This page contains a limited version of this dossier in the EU Monitor.
| dossier | COM(2010)368 - Deposit Guarantee Schemes [recast]. |
|---|---|
| document | COM(2010)368  |
| date | April 16, 2014 |
(5) Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).
(6) Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338).
(7) Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (see page 190 of this Official Journal).
(8) Directive 2009/14/EC of the European Parliament and of the Council of 11 March 2009 amending Directive 94/19/EC on deposit-guarantee schemes as regards the coverage level and the payout delay (OJ L 68, 13.3.2009, p. 3).
(9) Directive 2009/110/EC of the European Parliament and of the Council of 16 September 2009 on the taking up, pursuit and prudential supervision of the business of electronic money institutions amending Directives 2005/60/EC and 2006/48/EC and repealing Directive 2000/46/EC (OJ L 267, 10.10.2009, p. 7).
(10) Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (OJ L 309, 25.11.2005, p. 15).
(11) Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L 331, 15.12.2010, p. 12).
(12) Directive 95/46/EC of the European Parliament and of the Council of 24 October 1995 on the protection of individuals with regard to the processing of personal data and on the free movement of such data (OJ L 281, 23.11.1995, p. 31).
(13) Joint Political Declaration of 28 September 2011 of Member States and the Commission on explanatory documents (OJ C 369, 17.12.2011, p. 14).
(14) Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council Directive 93/22/EEC (OJ L 145, 30.4.2004, p. 1).
(15) Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (OJ L 335, 17.12.2009, p. 1).
(16) Directive 2008/95/EC of the European Parliament and of the Council of 22 October 2008 to approximate the laws of the Member States relating to trade marks (OJ L 299, 8.11.2008, p. 25).
(17) Regulation (EU) No 1092/2010 of the European Parliament and of the Council of 24 November 2010 on European Union macro-prudential oversight of the financial system and establishing a European Systemic Risk Board (OJ L 331, 15.12.2010, p. 1).
ANNEX I
DEPOSITOR INFORMATION TEMPLATE
| Basic information about the protection of deposit | |
| Deposits in [insert name of credit institution] are protected by: | [insert the name of the relevant DGS] (1) |
| Limit of protection: | EUR 100 000 per depositor per credit institution (2) [replace by adequate amount if currency not EUR] [where applicable:] The following trademarks are part of your credit institution [insert all trademarks which operate under the same licence] |
| If you have more deposits at the same credit institution: | All your deposits at the same credit institution are ‘aggregated’ and the total is subject to the limit of EUR 100 000 [replace by adequate amount if currency not EUR] (2) |
| If you have a joint account with other person(s): | The limit of EUR 100 000 [replace by adequate amount if currency not EUR] applies to each depositor separately (3) |
| Reimbursement period in case of credit institution’s failure: | 7 working days (4) [replace by another deadline if applicable] |
| Currency of reimbursement: | euro [replace by another currency where applicable] |
| Contact: | [insert the contact data of the relevant DGS (address, telephone, e-mail, etc.)] |
| More information: | [insert the website of the relevant DGS] |
| Acknowledgement of receipt by the depositor: | |
| Additional information (all or some of the below) |
(1) [Only where applicable:] Your deposit is covered by a contractual scheme officially recognised as a Deposit Guarantee Scheme. If insolvency of your credit institution should occur, your deposits would be repaid up to EUR 100 000 [replace by adequate amount if currency not EUR].
[Only where applicable:] Your credit institution is part of an Institutional Protection Scheme officially recognised as a Deposit Guarantee Scheme. This means that all institutions that are members of this scheme mutually support each other in order to avoid insolvency. If insolvency should occur, your deposits would be repaid up to EUR 100 000 [replace by adequate amount if currency not EUR].
[Only where applicable:] Your deposit is covered by a statutory Deposit Guarantee Scheme and a contractual Deposit Guarantee Scheme. If insolvency of your credit institution should occur, your deposits would in any case be repaid up to EUR 100 000 [replace by adequate amount if currency not EUR].
[Only where applicable:] Your deposit is covered by a statutory Deposit Guarantee Scheme. In addition, your credit institution is part of an Institutional Protection Scheme in which all members mutually support each other in order to avoid insolvency. If insolvency should occur, your deposits would be repaid up to EUR 100 000 [replace by adequate amount if currency not EUR] by the Deposit Guarantee Scheme.
(2) If a deposit is unavailable because a credit institution is unable to meet its financial obligations, depositors are repaid by a Deposit Guarantee Scheme. This repayment covers at maximum EUR 100 000 [replace by adequate amount if currency not EUR] per credit institution. This means that all deposits at the same credit institution are added up in order to determine the coverage level. If, for instance a depositor holds a savings account with EUR 90 000 and a current account with EUR 20 000, he or she will only be repaid EUR 100 000.
[Only where applicable:] This method will also be applied if a credit institution operates under different trademarks. The [insert name of the account-holding credit institution] also trades under [insert all other trademarks of the same credit institution]. This means that all deposits with one or more of these trademarks are in total covered up to EUR 100 000.
(3) In case of joint accounts, the limit of EUR 100 000 applies to each depositor.
[Only where applicable:] However, deposits in an account to which two or more persons are entitled as members of a business partnership, association or grouping of a similar nature, without legal personality, are aggregated and treated as if made by a single depositor for the purpose of calculating the limit of EUR 100 000 [replace by adequate amount if currency not EUR].
In some cases [insert cases defined in national law] deposits are protected above EUR 100 000 [replace by adequate amount if currency not EUR]. More information can be obtained under [insert the website of the relevant DGS].
(4)
Reimbursement
The responsible Deposit Guarantee Scheme is [insert name and address, telephone, e-mail and website]. It will repay your deposits (up to EUR 100 000 [replace by adequate amount if currency not EUR]) within [insert repayment period as is required by national law] at the latest, from [31 December 2023] within [7 working days].
[Add information on emergency/interim payout if repayable amount(s) are not available within 7 working days.]
If you have not been repaid within these deadlines, you should contact the Deposit Guarantee Scheme since the time to claim reimbursement may be barred after a certain time limit. Further information can be obtained under [insert website of the responsible DGS].
Other important information
In general, all retail depositors and businesses are covered by Deposit Guarantee Schemes. Exceptions for certain deposits are stated on the website of the responsible Deposit Guarantee Scheme. Your credit institution will also inform you on request whether certain products are covered or not. If deposits are covered, the credit institution shall also confirm this on the statement of account.
ANNEX II
PART A
Repealed Directives together with their successive amendments (referred to in Article 21)
Directive 94/19/EC of the European Parliament and of the Council
Directive 2009/14/EC of the European Parliament and of the Council
PART B
Deadlines for transposition (referred to in Article 21)
| Directive | Deadline for transposition |
| 94/19/EC | 1.7.1995 |
| 2009/14/EC | 30.6.2009 |
| 2009/14/EC (second paragraph of point 3(i) of Article 1, Article 7(1a) and (3) and Article 10(1) of Directive 94/19/EC as amended by Directive 2009/14/EC) | 31.12.2010 |
ANNEX III
CORRELATION TABLE
| Directive 94/19/EC | Directive 2009/14/EC | This Directive |
| — | — | Article 1 |
| Article 2(1)(1) | ||
| Article 1(1) | Article 2(1)(3) | |
| Article 2(1)(4) | ||
| Article 1(2) | Article 2(1)(7) | |
| Article 1(3) | Article 1(1) | Article 2(1)(8) |
| Article 1(4) | Article 2(1)(9) | |
| Article 1(5) | Article 2(1)(10) | |
| Article 2(1)(11) to (18) | ||
| Article 2(2) | ||
| Article 1(1) | Article 2(3) | |
| Article 3 | ||
| Article 3(1) | Article 4(1) | |
| Article 4(2) | ||
| Article 3(1) | Article 4(3) | |
| Article 3(2) | Article 4(4) | |
| Article 3(3) | Article 4(5) and (6) | |
| Article 4(9) | ||
| Article 4(10) and (11) | ||
| Article 2 | Article 5(1)(a), (b) and (c) | |
| Article 7(2), Annex I(1) | Article 5(1)(d) | |
| Article 5(1)(e) | ||
| Article 7(2), Annex I(10) | Article 5(1)(f) | |
| Article 7(2), Annex I(2) | Article 5(1)(g) | |
| Article 7(2), Annex I(5) | Article 5(1)(h) | |
| Article 7(2), Annex I(6) | Article 5(1)(i) | |
| Article 7(2), Annex I(3), (4) | Article 5(1)(j) | |
| Article 7(2), Annex I(12) | Article 5(1)(k) | |
| Article 7(1) | Article 1(3)(a) | Article 6(1) |
| Article 6(2) and (3) | ||
| Article 6(4) | ||
| Article 1(3)(a) | Article 6(5) | |
| Article 7(5) | Article 6(6) | |
| Article 1(3)(d) | Article 6(7) | |
| Article 8 | Article 7(1), (2) and (3) | |
| Article 7(4) to (9) | ||
| Article 10(1) | Article 1(6)(a) | Article 8(1) |
| Article 8(2) to (6) | ||
| Article 10(4) | Article 8(7) | |
| Article 10(5) | Article 8(8) | |
| Article 8(9) | ||
| Article 7(6) | Article 9(1) | |
| Article 11 | Article 9(2) | |
| Article 9(3) | ||
| Articles 10-13 | ||
| Article 4(1) | Article 14(1) | |
| Article 14(2) to (8) | ||
| Article 6 | Article 15 | |
| Article 9(1) | Article 1(5) | Article 16(1), (2) and (3) |
| Article 9(2) | Article 16(4) | |
| Article 16(5) | ||
| Article 13 | Article 17 | |
| Article 1(4) | Article 18 |