(13)
DGSD
DIRECTIVE 2014/49/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 16 April 2014 on deposit guarantee schemes (recast) (Text with EEA relevance) · European Union
‘payment commitments’ means payment commitments of a credit institution towards a DGS which are fully collateralised providing that the collateral: consists of low risk assets; is unencumbered by any third-party rights and is at the disposal of the DGS;
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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.