IDEAS home Printed from https://ideas.repec.org/h/pal/pmschp/978-3-319-51143-6_7.html
   My bibliography  Save this book chapter

Funding Deposit Insurance Schemes in the European Union

In: Deposit Insurance Schemes

Author

Listed:
  • Djurdjica Ognjenovic

Abstract

The European Union imposed strict rules to its member countries on funding and the use of DIS’ funds for the purpose of financing deposit payout and bank resolution. The DGSD (Directive 2014/49/EU) prescribes maximum harmonization on the creation of the ex ante DIF at a minimum of 0.8 per cent of covered deposits by mid-2024 through the collection of regular risk-based annual premium from the banks. The use of the DIS’ funds is limited onto payout of depositors and financing bank resolution whereas, conditionally, DIS’ funds may be used for alternative measures in order to prevent bank failure. This chapter provides examples how to use DIS’ funds in a challenging situation when a DIS faces insufficient liquidity. It discusses use of DIS’ funds for alternative measures under the state aid rules and explains rules on a mutual borrowing between two or more national deposit insurance schemes on a voluntary basis.

Suggested Citation

  • Djurdjica Ognjenovic, 2017. "Funding Deposit Insurance Schemes in the European Union," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Deposit Insurance Schemes, chapter 7, pages 259-303, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-3-319-51143-6_7
    DOI: 10.1007/978-3-319-51143-6_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Agnieszka Sokolowska, 2020. "The deposit insurance system in the European Union [System gwarantowania depozytow w Unii Europejskiej]," Catallaxy, Institute of Economic Research, vol. 5(2), pages 97-105, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:pmschp:978-3-319-51143-6_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.