The document outlines the procedures and requirements for determining and announcing a compensation event for CRR credit institutions under financial distress, as per BaFin regulations. It includes the roles of BaFin and the deposit guarantee scheme in notifying depositors and handling compensation claims.
doj/DataSet10/EFTA01372624.pdf
{"document_type":"legal","document_subtype":"legal statute","key_organizations":["BaFin","CRR credit institution","deposit guarantee scheme"],"reference_numbers":["section 46 (1)","section 5","section 8 (2)","section 8 (5)"]}