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.
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Effective Date: August 08, 2019
Keywords: Europe, Spain, Banking, Deposit Guarantee Fund, Circular 1/2019, Circular 8/2015, BDE
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