European deposit insurance scheme (EDIS)
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With the European Parliament, which is preparing its first-reading position.
Last active 13 Nov 2024
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What this bill does
In plain terms: what it changes and who it affects.
The proposal creates a shared EU deposit insurance system for Banking Union banks, gradually replacing purely national back-up for protected deposits.
Who it affects
It affects bank depositors and banks in euro-area Member States, and in non-euro countries that join Banking Union. National deposit guarantee schemes would also be directly affected.
Core of the proposal
- Creates EDIS in three stages: reinsurance, co-insurance, then full insurance.
- Sets up a Deposit Insurance Fund financed by bank contributions.
- Allows national schemes to receive EDIS funding for payouts or resolution contributions.
- Requires national schemes to follow funding paths and comply with EU deposit-guarantee rules.
Key provisions
- Transitional law
- EDIS phases in over seven years: three years of reinsurance, four years of co-insurance, then full insurance.
Latest update
05 Jun 2026The most recent development in this bill's progress.
Trilogues (interinstitutional negotiations) → 1st reading – European Parliament
Trilogues (interinstitutional negotiations) → 1st reading – European Parliament
Documents
1 recentSourcesOEILEUR-LexEU Law Tracker