+4.8. Update or correction of contributions
---+88. Where the DGS needs to adjust already paid periodic contributions of member institutions, for …

4.8. Update or correction of contributions

4.8. Update or correction of contributions

1. Overview

,
Summary Regulation
88. Where the DGS needs to adjust already paid periodic contributions of member institutions, for …

Where the DGS needs to adjust already paid periodic contributions of member institutions, for instance because of updates of indicators of some member institutions to correct accounting errors, the DGS should be able to offset the adjustment with the next due periodic contribution instead of having to reimburse and raise past contributions again.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/