The European Banking Authority (EBA) has published the following guidelines that are related to the new Deposit Guarantee Scheme Directive (DGSD):
- guidelines on payment commitments under the DGSD. The concept of payment commitments is new in the EU regulatory framework on deposit guarantee schemes as well as in most Member States. The guidelines endeavour to provide guidance on the legal instruments which should be entered into by deposit guarantee schemes (DGS) and credit institutions, providing for the terms and conditions for the inclusion of payment commitments within the available financial means of the DGS, so that it is guaranteed, for instance, that the DGS has an irrevocable right to claim those payments on demand, and that the collateral is unencumbered by any third-party rights and is at the disposal of the DGS; and
- guidelines on methods for calculating contributions to deposit guarantee schemes. The guidelines set out principles for technically sound methods for calculating contributions to ensure that costs of deposit insurance are borne primarily by the banking sector and that the available financial means reach the target level within the time horizon envisaged in the DGSD. The guidelines will also offer the EBA a basis on which to assess progress in the convergence of national practices in calculating contributions to DGS before the review in 2017 as required by the DGSD.