4.4 Treatment of loans between DGSs

Funds that a DGS lends to another DGS in line with Article 12 DGSD should not count towards the AFM and hence also not to the QAFM or other AFM of the lending DGS.

Funds that a DGS borrows from another DGS in line with Article 12 DGSD should not count towards the borrowing DGS’s QAFM. If they meet the definition to qualify as AFM, they should be counted as other AFM. EBA GUIDELINES ON THE DELINEATION AND REPORTING OF AFM OF DGS

When a DGS raises contributions, it should take into account the expected amount and time when it will receive a repayment of the loan it made to another DGS in line with the conditions of the loan.