Examples of using Dgss in English and their translations into Polish
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Colloquial
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Official
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Medicine
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Ecclesiastic
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Ecclesiastic
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Financial
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Official/political
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Programming
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Computer
This would ensure that EDIS remains cost-neutral overall for banks and national DGSs, and avoid complications in determining banks' risk profiles in the build-up phase of the Deposit Insurance Fund.
Participating DGSs may request both funding
In case of termination only, each of these DGSs is also entitled to a share of the available financial means that the Deposit Insurance Fund disposes of at the time of termination.
Funds used by DGSs, including the Deposit Insurance Fund,
Participating DGSs must comply, but Article 6(7)
EDIS would be administered by the Board in all stages jointly with participating DGSs or, where a DGS does not administer itself,
use of funds than maintaining purely national DGSs.
to ensure that the coverage by EDIS is only provided where nationals DGSs act in a prudent manner.
weaken the link between national DGSs and the financial position of the respective sovereign.
As from the start of the co-insurance phase, the Board may also claim payment of extraordinary ex-post contributions from the banks affiliated to participating DGSs when the Deposit Insurance Fund's available means are insufficient for funding
size of banks for which the Deposit Insurance Fund could handle pay-outs increases significantly for all Member States under EDIS compared to national DGSs.
The proceeds of such borrowings shall be used exclusively to meet payment obligations towards participating DGSs, in the event that the amounts raised in accordance with Articles 74c
By applying the hypothetical level of available financial means to calculate the liquidity shortfall, EDIS allows those participating DGSs who, at the time of the payout event, have more available financial means than required
the credit institutions affiliated to these DGSs cease to be covered by the SRM Regulation with regard to both the SRM
three-year reinsurance phase and(b) a final target level equal to the sum of the minimum target levels that participating DGSs must reach under the Directive by the end of the four-year co-insurance period.
Participating DGSs are required to alert the Board without delay once they become aware of circumstances that are likely to result in a payout event
Firstly, national DGSs should comply with their obligations under this Regulation, the Directive 2014/49/EU
Funding repaid by participating DGSs in accordance with Article 41o.
Participating DGSs invoice the ex-post contribution on behalf of the Board.
EDIS would also enhance cooperation between national DGSs in responding to cross-border bank failures.