EUROPA - Internal Market - Bank - Deposit Guarantee Schemes

Report on minimum guarantee level of Deposit Guarantee Schemes Directive 94/19/EC

In accordance with Article 7(5) of the Deposit Guarantee Schemes Directive (94/19/EC), the Commission has been reviewing the €20.000 minimum guarantee threshold with a view to assessing whether any changes to the guarantee level might be necessary. A tentative conclusion of the report would be that the pursuit of genuinely harmonised conditions for protection of deposits is not achieved by the fixing of a single guarantee level for all MS. The information available is however not sufficient to reach definitive conclusions about whether the minimum guarantee level needs to be adjusted and further work will therefore be necessary in the coming years to improve availability of deposit data.

Cover document

Report

Annexes

The Commission invites contributions and comments on the report and its conclusions. These can be sent in electronic format to:

E-mail: markt-deposit-guarantees@cec.eu.int (closing date for responses 15 February 2006).

Personal data (of individuals) collected with the comments may be published on the Commission's website unless specifically requested otherwise.

A consultation paper on the Deposit Guarantee Schemes Directive

A broad ranging consultation paper on the Deposit Guarantee Schemes Directive (94/19/EC) is published on the present website. This consultation will form an important part of the review of the Deposit Guarantee Schemes Directive, also involving consultations with Member States.

The Commission intends to come forward with a Communication by mid 2006. The consultation was opened to all stakeholders with a final deadline for responses set at 14^th October 2005.

A summary of the results of this public consultation will also be published on the present website.

[ Update on the Single Market ] - [ Financial Services ] - [ Financial Reporting ] - [ Company Law and Corporate Governance ] - [ E-Commerce ] - [ Media ] - [ Copyright and Neighbouring Rights ] - [ Industrial Property ] - Free Movement of Capital ] - [ Free Movement of Goods ] - [ Services and Establishment ] - [ Professional Qualifications ] - [ Postal Services ] - [ Public Procurement ]