Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:44
Summary
This document outlines the legal requirements for cooperation between deposit guarantee schemes within the European Economic Area. It details the responsibilities of domestic and host member states in protecting depositors when dealing with branches of CRR credit institutions in other countries.
Metadata
- Subject
- Cooperation with other deposit guarantee schemes
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0066405
- Date
- —
Relationships 4
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| domestic deposit guarantee scheme | cooperation | deposit guarantee scheme of the host member state | Domestic scheme provides funding to host scheme for compensating depositors. |
| domestic deposit guarantee scheme | notification | BaFin | Domestic schemes notify BaFin of cooperation agreements. |
| BaFin | notification | European Banking Authority | BaFin notifies European Banking Authority of cooperation agreements. |
| BaFin | designation | branch of CRR credit institution | BaFin designates the domestic deposit guarantee scheme responsible for the branch. |
Notable Quotes 2
A deposit guarantee scheme shall protect the deposits of a branch of a member CRR credit institution in another state of the European Economic Area.
The domestic deposit guarantee scheme shall provide the necessary funding for compensating depositors to the deposit guarantee scheme of the host member state prior to payout and shall compensate the latter for the costs incurred for the compensation procedure.
Financial Information
Transactions:
- Funding for compensating depositors
- Payment of contributions
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigation
Organizations 4
CRR credit institutionsEuropean Economic AreaBaFinEuropean Banking Authority
Locations 1
European Economic Area
Text Analysis
- Tone
- Professional
- Purpose
- To outline the cooperation procedures between deposit guarantee schemes within the European Economic Area.
- Significance
- This document details the legal framework for cross-border deposit guarantee schemes, ensuring depositors are protected even when dealing with branches in other countries.
File Info
- File Name
- EFTA01372632.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:44:02.877370
- DOJ Source
- View on DOJ