Brussels, 09/12/2015 (Agence Europe) - As of 4 December, 15 member states had fully transposed the directive (2014/49) on the national bank deposit guarantee schemes.
Under the directive applicable since July 2015, bank savings of natural persons of up to €100,000 are protected under all circumstances (see EUROPE 11061). The national deposit guarantee funds, which are fed into by the industry, have to be set in place and build up to the target level of 0.8% of deposits covered over a...