Procedure for Submission of Specified Data on Deposits and Depositors to Guarantee Fund

This Regulation establishes the specified list of and procedure for submission of data on the depositors and the balances of their eligible deposits and on liabilities that have fallen due, which are to be submitted to the Guarantee Fund by the trustee in bankruptcy, moratorium administrator or liquidator of a credit institution.

(1) The trustee in bankruptcy, moratorium administrator or liquidator of a credit institution (hereinafter trustee) must submit to the Guarantee Fund reports with the following data on each depositor, their eligible deposits and liabilities that have fallen due as of the day on which the deposits become unavailable

1) “Data on Depositors who are Natural Persons, and Payments Made to Them” in accordance with Annex 1 to the Regulation;

2) “Data on Balances of Accounts of Natural Persons” in accordance with Annex 2 to the Regulation;

3) “Data on Depositors which are Legal Persons, and Payments Made to Them” in accordance with Annex 3 to the Regulation;

4) “Data on Balances of Accounts of Legal Persons” in accordance with Annex 4 to the Regulation.

(2) The reports are prepared in euros, rounded to two decimal places, unless otherwise provided in an Annex to the Regulation.

(3) Amounts denominated in foreign currencies are converted into euros based on the daily exchange rate of the European Central Bank which applied on the day on which the deposits became unavailable. If the day on which the deposits become unavailable is not a banking day, the daily exchange rate of the European Central Bank which applied on the last banking day preceding the day on which the deposits became unavailable is used.

(1) The reports are submitted to the Guarantee Fund via the Financial Supervision Authority electronically as documents formatted in XML (eXtensible Markup Language) in adherence to the technical requirements for the security of data exchange and submission of reports published on the website of the Financial Supervision Authority.

(2) Where a mistake is found in a submitted report, the trustee is to submit a new corrected report electronically.

Regulation No 46 of the Minister of Finance of 17 October 2016, Procedure for Submission of Specified Data on Deposits and Depositors to Guarantee Fund, is repealed.

This Regulation enters into force on 1 July 2022.