5. Minimum core elements of the cooperation agreements

Pursuant to Article 14(5) of Directive 2014/49/EU, cooperation agreements should, at least, cover the following three key areas:

• i. modalities for repaying depositors by the host DGS at branches of credit institutions authorised in other Member States pursuant to Article 14(2) of Directive 2014/49/EU;
• ii. modalities for the transfer of contributions from one DGS to another in case a credit institution ceases to be a member of a DGS and joins another DGS, including cross-border and domestic transfers, pursuant to Article 14(3) of Directive 2014/49/EU;
• iii. modalities for mutual lending between DGSs pursuant to Article 12 of Directive 2014/49/EU.

For each of these three outlined areas, this section includes a list of minimum core elements of the cooperation agreements.

5.1 Modalities for repaying depositors at branches

5.2 Modalities for the transfer of DGS contributions and information between DGSs

5.3 Modalities for mutual lending between DGSs

5.4 Effective dispute resolution