Regulatory Alerts2026-01-29
Regulation No. 2016-01 - Deposit Guarantee Scheme
The Central Bank of the Republic of San Marino issued Regulation No. 2016-01 to establish the operational framework, governance, and funding mechanisms for the national Deposit Guarantee Scheme. The regulation mandates the automatic coverage of deposits for Sammarinese banks and requires EU and non-EU branches to join the fund to ensure equivalent protection for depositors. It defines the scope of covered deposits, the €100,000 coverage limit, and the procedures for reimbursement during bank crises, including extraordinary administrative liquidation and resolution.
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