The European Banking Authority (EBA) has launched a public consultation concerning a draft report on the implementation of its Guidelines on methods for calculating contributions to deposit guarantee schemes (the Guidelines).
The draft report finds that:
- based in the data available so far, the risk-based method as outlined in the Guidelines has broadly met the aim of ensuring differentiation between institutions affiliated to a deposit guarantee scheme (DGS) based on their risk;
- in relation to the balance between consistent application of the Guidelines across the Member States, and the flexibility to cater to national specificities, some areas, such as the way the riskiness of an institution is translated into specific components of the risk-based calculation formula, preliminarily point to the need for more consistency;
- there seems to be no specific need to amend the Guidelines to enhance transparency to stakeholders. The methodology does not seem to lead to excessive additional reporting requirements.
The deadline for comments on the draft report is 28 August 2017. A public hearing will take place at the EBA’s premises on 10 August 2017.