Summary
The proposal introduces a European Deposit Insurance Scheme (EDIS I) to provide liquidity support to national deposit guarantee schemes, enhancing banking stability in the EU. 10 12.09.2024
Other
economy
finance
social policy
administrative law
public administration
business and competition
Key points
- The proposal establishes a new stage for the European Deposit Insurance Scheme, referred to as EDIS I.
- EDIS I will function primarily as a liquidity scheme to provide loans to national deposit guarantee schemes.
- The Deposit Insurance Fund is expected to reach a target level of 50% of the national target levels within three years.
- Mandatory lending from participating schemes will be capped at 30% of their target level once the fund is fully built up.
Documents (PDFs)
DRAFT REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 806/2014 in order to establish a European Deposit Insurance Scheme
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 806/2014 in order to establish a European Deposit Insurance Scheme
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