EBA published a corrected version of its final revised Guidelines on DGS contributions, which will strengthen the link between a credit institution’s riskiness and how much it must contribute to the DGS funds that will be used to reimburse depositors if their bank fails (eventid=19860).
The Guidelines standardize the DGS’s system for collecting payments from credit institutions in accordance to their riskiness. After an in-depth evaluation of the present Guidelines‘ implementation from 2015 to 2021, EBA decided to amend the Guidelines in order to strengthen the relationship between a credit institution’s riskiness and its payments to the DGS fund.
Corrected: Paragraph 13
~~Repeal
13. The Guidelines EBA/GL/2015/10 are repealed with effect from 3 July 2024.~~
Repeal
13. The Guidelines EBA/GL/2015/10 are repealed with effect from the date of application of these Guidelines. Paragraph 21 of the EBA/GL/2021/17 is deleted with effect from the date of application of these Guidelines.
[Paragraph 21 of the EBA Guidelines on the delineation and reporting of available financial means (AFM) of Deposit Guarantee Schemes (DGSs) (EBA/GL/2021/17) has been incorporated in paragraph 17 of these Guidelines.]