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Image header Agence Europe
Europe Daily Bulletin No. 12425
ECONOMY - FINANCE - BUSINESS / Banks

Third set of EBA recommendations to strengthen framework for national deposit guarantee schemes

The European Banking Authority (EBA) on Wednesday 12 February unveiled 23 new proposals to strengthen the European regulatory framework for national bank deposit guarantee schemes in the interest of consumer protection.

This third set of recommendations focuses on the ex ante financing of the national schemes to be funded by the banking industry and on the use of bank guarantee funds by Member States. According to the EBA, EU rules could be clarified regarding the nature of the financial...

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