48. Pursuant to the general principle of protection of savings, when assessing whether the …

Pursuant to the general principle of protection of savings, when assessing whether the expression ‘”take” deposits or other repayable funds from the public’ is met, competent authorities should make sure, among other things, that the applicant credit institution’s business model (and thus its funding structure) covers receiving and/or holding such deposits and other repayable funds until repaid in full. Repayment in full relates to the principal amount with any accrued interests, if any.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related 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.