The document outlines the procedures and consequences for CRR credit institutions that fail to comply with statutory compensation scheme obligations. It includes details on exclusion from the scheme, legal consequences, and sanctions. It also covers the recognition of institutional protection schemes as deposit guarantee schemes.
doj/DataSet10/EFTA01381443.pdf
{"document_type":"legal","document_subtype":"legal statute","key_organizations":["BaFin","Deutsche Bundesbank"],"reference_numbers":["Article 113(7) of Regulation (EU) No 575/2013"]}