4.1 Delineation of QAFM

1. Vue d’ensemble

Intitulé	Réglementation
12. A competent authority should ensure that a DGS only includes QAFM when determining whether the …	A competent authority should ensure that a DGS only includes QAFM when determining whether the target level according to Article 10(2) DGSD is reached.
13. For the purpose of these guidelines, QAFM that were not directly contributed but derive from …	For the purpose of these guidelines, QAFM that were not directly contributed but derive from contributed funds should include recoveries following one of two methods described in section 4.2 and investment income following the method described in section 18.
14. For the purpose of these guidelines, AFM can only be counted as QAFM if the (extraordinary) …	For the purpose of these guidelines, AFM can only be counted as QAFM if the (extraordinary) contributions they stem from are free of any obligation of a DGS to repay them upon receiving recoveries, e.g. to the contributing institutions.
15. A competent authority should ensure that a DGS has adequate systems in place to keep track of …	A competent authority should ensure that a DGS has adequate systems in place to keep track of the origin of funds.

Exigences
Source	Exigence

Normes
Source	Exigence

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.

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