European Deposit Insurance Scheme
GPTKB entity
Statements (52)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:financial_regulation
|
| gptkbp:administered_by |
gptkb:European_Banking_Authority
|
| gptkbp:aims_to |
protect depositors
|
| gptkbp:aims_to_improve |
risk of bank runs
|
| gptkbp:covers |
deposits up to a certain limit
|
| gptkbp:enhances |
financial stability in the EU
consumer protection in banking trust in the banking system |
| gptkbp:facilitates |
cross-border banking operations
financial stability across member states |
| https://www.w3.org/2000/01/rdf-schema#label |
European Deposit Insurance Scheme
|
| gptkbp:include |
greater clarity for depositors
|
| gptkbp:is_aimed_at |
reducing fragmentation in the banking sector
|
| gptkbp:is_criticized_for |
some member states
concerns about moral hazard potentially increasing taxpayer burden |
| gptkbp:is_designed_to |
provide a safety net for depositors
|
| gptkbp:is_expected_to |
increase depositor confidence
|
| gptkbp:is_funded_by |
contributions from banks
a common insurance fund risk-based contributions |
| gptkbp:is_implemented_in |
2024
a phased approach |
| gptkbp:is_integrated_with |
national deposit insurance schemes.
|
| gptkbp:is_intended_to_encourage |
responsible banking practices
|
| gptkbp:is_linked_to |
gptkb:Single_Resolution_Mechanism
gptkb:European_Stability_Mechanism European Central Bank's policies |
| gptkbp:is_part_of |
EU's Capital Markets Union initiative
EU's financial regulatory framework EU's financial safety net EU's response to the financial crisis European Union banking union banking union framework broader financial integration efforts in Europe |
| gptkbp:is_proposed_to_be_linked_with |
national resolution funds
|
| gptkbp:is_related_to |
banking supervision reforms
|
| gptkbp:is_reviewed_by |
EU authorities periodically
|
| gptkbp:is_similar_to |
Federal Deposit Insurance Corporation (FDIC) in the USA
|
| gptkbp:is_subject_to |
EU regulations
|
| gptkbp:is_supported_by |
gptkb:European_Commission
|
| gptkbp:is_under_discussion_in |
EU legislative bodies
|
| gptkbp:promotes |
financial market integration
|
| gptkbp:proposed_by |
gptkb:2015
a centralized system |
| gptkbp:provides |
insurance for bank deposits
|
| gptkbp:reduces |
the likelihood of bank failures
|
| gptkbp:requires |
harmonization of national deposit insurance schemes
|
| gptkbp:support |
gptkb:EU_member_states
economic recovery in the EU |
| gptkbp:bfsParent |
gptkb:Bank
|
| gptkbp:bfsLayer |
4
|