Brussels, 26/05/2016 (Agence Europe) - Poland will have to explain before the Court of Justice of the European Union its reasons for not fully incorporating the deposit guarantee schemes (DGS) directive (DGSD) into national legislation, the European Commission decided on Thursday 26 May.
The DGS directive (Directive 2014/49/EU), the deadline for transposition of which was 3 July 2015, guarantees savers protection of deposits up to €100,000 per bank. It requires the member states to set up...