The document outlines the legal framework for the recognition, revocation, and operational requirements of institutional protection schemes under specific sections of a legal act. It includes provisions for the withdrawal and appointment of supervisory body members, the annual update of savings plans, and the revocation of recognition by BaFin. It also details the minimum requirements for the articles of association of recognized institutional protection schemes, including contribution collection, inspection rights, and conditions for disclosure of secrets.
doj/DataSet10/EFTA01372630.pdf
{"document_type":"legal","document_subtype":"legal statute","key_organizations":["BaFin","CRR credit institutions"],"reference_numbers":["section 43","section 44","section 46","section 47","section 48","section 49","section 34","section 35","section 41"]}