+4.1 Objectives of the cooperation agreements
---+13. In accordance with Article 14(5) of Directive 2014/49/EU, the objectives of the cooperation …

4.1 Objectives of the cooperation agreements

4.1 Objectives of the cooperation agreements

1. Overview

,
13. In accordance with Article 14(5) of Directive 2014/49/EU, the objectives of the cooperation …

In accordance with Article 14(5) of Directive 2014/49/EU, the objectives of the cooperation agreements should be to:

  • • facilitate an effective cooperation between the DGSs, or, where appropriate, the designated authorities; and
  • • specify ex ante various aspects of depositor payouts, transfers of DGS contributions and lending between DGSs which otherwise would have to be agreed upon very quickly at a time of stress, which would divert the DGS’s attention and resources away from other difficult decisions.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • EBA -

    EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

    DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.