12. These guidelines are without prejudice to the possibility that, in accordance with national …

These guidelines are without prejudice to the possibility that, in accordance with national law, their content is partly or fully implemented via statutory provisions, including provisions of the payment commitment arrangement and the financial collateral arrangements, provided that the statutory provisions achieve outcomes at least equivalent to those set out in contractual arrangements between a DGS and its members as regards, among other things: the fulfilment of the credit institution’s obligation to pay the payment commitment; the delivery by the credit institution to the DGS of the collateralised low-risk assets securing the payment commitment so that they are at the disposal of the DGS; the immediate realisation of the low-risk assets by the DGS upon the occurrence of an enforcement event; and consistency with the requirements, including the timeframe, set out in Directive 2014/49/EU and in any other applicable EU law provision.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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