Reform the DGS regime by instituting a
harmonized and legally binding deposit
guarantee of EUR 100,000, backed by
– Reform completed (amendment to the Act on Deposit
Guarantee and Investor Compensation, which entered
into force in June 2009). Deposits are guaranteed up to
an amount of EUR 100,000 per eligible customer per
bank. Current national deposit insurance arrangements
are compliant with the agreed set of international 18
Core Principles by IADI/BCBS.
The revision of the European DGS Directive (expected
finalization Mid 2014) mainly deals with a further
harmonisation of protected deposits, a faster pay-out,
and an improved financing of schemes.