+46. In addition, where the home DGS has the capability to effectively handle communication with …

46. In addition, where the home DGS has the capability to effectively handle communication with …

In addition, where the home DGS has the capability to effectively handle communication with depositors in the Member State in which the branch is located, including the capability to communicate in the official language or languages of the host DGS’s Member State, the agreement may provide that depositors will be offered an explicit, additional option to communicate directly with the home DGS. In practice, this means, for example, that the letter informing depositors about the member credit institution’s failure may include two phone numbers – one for the host DGS and another for the home DGS.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
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