BSG response to consultation on package under Directive 2026/804/EU on deposit guarantee schemes
The Neural Herald summary, AI-generated
Notice on the use of AI. In compliance with Article 50(4) of Regulation (EU) 2024/1689 on Artificial Intelligence (AI Act), we disclose that the summaries, explanations and translations published by The Neural Herald are generated with artificial intelligence and published without prior human review. The linked official documents belong to each body and were not generated by our AI. Our summaries may contain errors: always check the original document.
The EBA Banking Stakeholder Group (BSG) broadly supports the four DGSD3 consultations on deposit guarantee schemes but asks for rules that are proportionate and operationally feasible. Its members disagree on several specific points.
Key points
- Some members want the acknowledgement of receipt of the depositor information sheet replaced by evidence of delivery.
- Concerns over prior DGS review of customer communications and the 24-hour notice of AML-related payout suspensions.
- Priority to capital preservation and liquidity in investing DGS resources.
Who is affected
Banks, deposit guarantee schemes and institutions holding client funds of payment institutions.
Plain-language version
The banking stakeholder group that advises the EBA, the EU authority that sets the rules for banks, broadly supports new rules on deposit guarantee schemes, which pay customers back if their bank fails, but asks that they be workable. Some members suggest replacing the customer's signed receipt for the information sheet with simple proof of delivery.
Read the original document →
Prompt for your AICopies a ready-to-paste prompt for ChatGPT, Claude or Gemini: it asks the model to read the official document and not to make anything up.
Summary produced with artificial intelligence from the official publication. It may contain errors: always check the original document.
More from EBA
- 13 November 2026Q&A 2026_7914: Direct/indirect method
- 12 November 2026Finanzmarktklausur draft keynote speech
- 12 November 2026Resilience and competitiveness for a diverse EU single market
- 9 November 2026The EBA streamlines the 2027 EU-wide stress test with more than 55% reduction in requested data
- 9 November 2026The EBA publishes consumer factsheet on white-labelled financial products and services
- 9 November 2026Factsheet on white labelling - what to check before buying banking or payment services