QA2020-28 - DGS Liabilities out of EU

Owned by SRB Services
Feb 01, 2024
Atribute Detail
Resolution Reporting Subject Matter Guidance
Guidance Documents DGS-Liabilities
Taxonomy -
Unique Identifier

QA2020-28

Question


Should we include covered deposits (line r0110) by other schemes different than European Deposit Guarantee Scheme as Federal Deposit Insurance (USA), CDIC (Canada), FGD (Argentina), FSD (Perú), PAB (México), etc. or only the covered deposits by DGS at EU?


Response


The concept of covered deposits is limited to the EU and, therefore, does not concern deposits of subsidiaries outside the EU. As a result, the LDR should not include covered deposits of institutions established outside the EU.