Regulatory Alerts2024-06-13
Contributions to the Deposit Insurance Fund of the Financial Market Guarantee System
The Czech National Bank issues this document to define the calculation methodology for annual and extraordinary contributions to the Deposit Insurance Fund under the DGS II directive. It establishes a risk-based framework where contributions are determined by covered deposits, aggregate risk weights, and a periodic target level aimed at maintaining fund reserves at 0.8% of covered deposits. The text details specific formulas for determining contribution rates, risk scores, and adjustment coefficients, while setting payment deadlines and procedures for institutions with insufficient fund levels.
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