BDE Modifies Circular on Deposit Guarantee Fund of Credit Institutions
BDE issued Circular 1/2019 on deposit guarantee fund of credit institutions. Circular 1/2019 modifies Circular 8/2015 and shall enter into force on August 08, 2019. Circular 8/2015 is addressed to the entities and branches attached to the deposit guarantee fund of credit institutions and specifies information to determine the basis for calculating the contributions to the deposit guarantee fund of credit institutions.
Annex 2 of Circular 8/2015 has been modified to add new fields with the contact information of a depositor, to specify the definition of some fields whose content was not sufficiently explained, and to allow the use of some special characters, since they are necessary to correctly handle certain contact details of depositors.
Related Links (in Spanish)
Effective Date: August 08, 2019
Keywords: Europe, Spain, Banking, Deposit Guarantee Fund, Circular 1/2019, Circular 8/2015, BDE
Previous Article
US Senator Calls on FED to Raise Capital Buffer for Largest BanksRelated Articles
UK Government to Set Out Rules on Wind-down of Critical Benchmarks
HM Treasury notified that, after considering all responses, the government intends to bring forward further legislation, when the Parliamentary time allows, to address issues identified in the consultation on supporting the wind-down of critical benchmarks.
EIOPA Launches Stress Test for Insurance Sector in EU
EIOPA launched the 2021 stress test for the insurance sector in EU.
UK Authorities Publish Third Edition of Regulatory Initiatives Grid
UK authorities jointly published the third edition of Regulatory Initiatives Grid setting out the planned regulatory initiatives for the next 24 months.
EC Consults on Regulation on Non-Financial Sustainability Disclosures
EC is requesting feedback on the proposed Commission Delegated Regulation on the content, methodology, and presentation of information that large financial and non-financial undertakings should disclose about their environmentally sustainable economic activities under the Taxonomy Regulation.
OSFI Outlines Prudential Policy Priorities for Coming Months
OSFI has set out the near-term priorities for federally regulated financial institutions and federally regulated private pension plans for the coming months until March 31, 2022.
BIS Announces TechSprint on Innovative Green Finance Solutions
Under the Italian G20 Presidency, BIS Innovation Hub and the Italian central bank BDI launched the second edition of the G20 TechSprint on the lookout for innovative solutions to resolve operational problems in green and sustainable finance.
ACPR Publishes Version 1.0.0 of RUBA Taxonomy
ACPR published Version 1.0.0 of the RUBA taxonomy, which will come into force from the decree of January 31, 2022.
EBA Proposed Regulatory Standards for Central Database on AML/CFT
EBA proposed the regulatory technical standards on a central database on anti-money laundering and countering the financing of terrorism (AML/CFT) in EU.
ECB Responds to EC Consultation on Crisis Management Framework
ECB published its response to the targeted EC consultation on the review of the bank crisis management and deposit insurance framework in EU.
BCBS, CPMI, and IOSCO to Survey Market Participants on Margin Calls
BCBS, CPMI, and IOSCO (the Committees) are inviting entities that participate in market infrastructures and securities markets through an intermediary as well as non-bank intermediaries to complete voluntary surveys on the use of margin calls.
