EBU Single Rulebook Q&A 3 September 2020 2020_5475 Definition of encumbered assets

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European Union · · · 19-03-2021

1. We have doubts whether assets that are held by the banks and obligatorily designated for the guaranteed deposit protection fund, according to the Act on Bank Guarantee Fund, Deposit Guarantee Scheme and Resolution, and deposited in an account kept separately for each bank, should be treated as encumbered assets?

2.

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