Illegal Activity
none
Blackmail
none
Date
2016-05-31
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document outlines the regulations for deposit guarantee schemes, including the process for compensating depositors, conditions for excluding or deferring compensation, and the scheme's right to subrogation. It specifies timelines for settling claims and conditions under which compensation can be suspended.
Metadata
- Subject
- Deposit guarantee schemes
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0080409, SDNY_GM_00226593
- Date
- 2016-05-31
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| CRR credit institution | legal | deposit guarantee scheme | The deposit guarantee scheme settles claims against the CRR credit institution. |
| depositor | financial | deposit guarantee scheme | The deposit guarantee scheme settles claims for compensation by the depositors. |
Notable Quotes 2
The deposit guarantee scheme shall settle claims by depositors for compensation in the period up to 31 May 2016 within 20 working days, and starting on 1 June 2016 within seven working days.
No compensation shall be paid where there have been no transactions relating to the deposit within the last 24 months and the value of this deposit is lower than the average administrative costs that would be incurred by the deposit guarantee scheme in paying any compensation.
Financial Information
Assets:
- Deposits
Transactions:
- Settlement of claims by depositors for compensation
- Repayment of amounts subject to a higher coverage level
Public Knowledge
- Context
- This is a legal document outlining regulations for deposit guarantee schemes.
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigation
Organizations 5
CRR credit institutiondeposit guarantee schemeBaFinEuropean UnionFederal Republic of Germany
Locations 1
Germany
Text Analysis
- Tone
- Formal
- Purpose
- To define the rules and regulations for deposit guarantee schemes, including compensation, exclusion, deferral, and suspension of compensation.
- Significance
- This document outlines the legal framework for deposit guarantee schemes, which are crucial for protecting depositors' funds in the event of a bank failure.
File Info
- File Name
- EFTA01381437.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:50.381561
- DOJ Source
- View on DOJ