The document outlines regulations related to statutory compensation schemes and inspections of CRR credit institutions. It includes provisions for default interest collection, loan arrangements, investment requirements, and classification of payment commitments. It mandates CRR credit institutions to provide financial statements and significant business changes to compensation schemes. It also details inspection obligations and procedures for assessing compensation event risks.
doj/DataSet10/EFTA01381442.pdf
{"key_people":["European Banking Authority","Federal Ministry of Finance","BaFin"],"document_type":"legal","key_locations":["Germany"],"document_subtype":"statutory order and inspection regulations","key_organizations":["CRR credit institutions","statutory compensation schemes"],"reference_numbers":["section 18 (2) and (3)","section 34","section 35","section 36"]}