The cost to credit institutions of participating in a DGS bears no relation to the cost that would result from a massive withdrawal of deposits not only from a credit institution in difficulty but also from healthy institutions, following a loss of depositor confidence in the soundness of the banking system.
Text applicable on 7 Oct 2026Consolidated version of 2 Jul 2014In forceUnofficial text · authentic on EUR-Lex (opens in a new tab)
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Directive (EU) 2026/804 of 30 March 2026 (in force 10 May 2026). EUR-Lex has not consolidated it yet; check the amending act for changes to this provision.
DGSD Recital (33) — as applicable on 7 Oct 2026 (version of 2 Jul 2014)
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