Published on Thursday, November 26, 2015 | Updated on Wednesday, February 7, 2018
Financial Regulation | Proposal for a European Deposit Insurance Scheme
Summary
On 24 November, the European Commission released a legislative proposal outlining the road-map towards common European deposit protection, to be achieved by 2024. The proposal envisages three stages: i) until 2020, a system of reinsurance; ii) progressive mutualisation through a system of co-insurance until 2024, and iii) full mutualisation with a common EDIS by 2024.
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Authors
MA
María Abascal
RG
Rosa Gómez
LP
Lucía Pacheco