EU deposit guarantee schemes must improve – EBA
The European Banking Authority recommended serious changes to the oversight of deposit guarantee schemes, (DGSs), saying some depositors have recently been left without access to funds.
The EBA made a series of recommendations to the European Commission, in an opinion published on October 30, on its implementation of the deposit guarantee schemes directive. The EC should make a number of changes to increase the protection and information given to depositors, enhance financial stability and
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