The legal framework that supports the Deposit Guarantee Scheme is:

The DGS legal framework sets out provisions such as:

  • DGS eligibility criteria;
  • Covered Institutions;
  • Exclusions from DGS coverage;
  • Financing of the DGS;
  • Determination of the DGS repayable amount and repayment periods; and
  • Cooperation with member states in the European Economic Area.