Open AccessRecent developments in deposit insurance from EU perspective
Author(s) -
Łukasz Szewczyk
Publication year - 2015
Publication title -
corporate ownership and control
Language(s) - English
Resource type - Journals
eISSN - 1810-0368
pISSN - 1727-9232
DOI - 10.22495/cocv12i4csp7
Subject(s) - deposit insurance , directive , business , financial stability , perspective (graphical) , financial crisis , scheme (mathematics) , finance , financial system , economics , computer science , macroeconomics , mathematical analysis , mathematics , programming language , artificial intelligence
The aim of this article is to present recent developments on deposit guarantee scheme within the EU. These schemes has changed significantly during the financial crisis, which led to adoption of a directive on deposit guarantee schemes in 2014. A strong emphasis will be put on deposit guarantee schemes financing issues. This is a crucial issue, especially at the time when European Banking Authority is working on methods for calculating contributions to deposit guarantee schemes and its funding model. This model may be an important step in mitigating risks generated by banks and may contribute to financial stability in EU.