EBU Single Rulebook Q&A 10 July 2015 2015_2122 Temporary discontinuance of access to deposits in resolution

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European Union · · · 26-08-2016

Where resolution action is taken in relation to an institution, e.g. open bail-in or transfer of the deposit book to a sound acquirer, which ensures an immediate prospect of quickly ensuring access to deposits, to what extent can access to covered and eligible deposits be temporarily discontinued without triggering the Deposit Guarantee Scheme (DGS) repayment or rendering the resolution action

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