Article 6 › 5 DGSD — DIRECTIVE 2014/49/EU OF THE EUROPEAN PARLIAMENT AND OF THE…

Article 6 › 5

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

Member States that convert into their national currency the amount referred to in paragraph 1 shall initially use in the conversion the exchange rate prevailing on 3 July 2015. Member States may round off the amounts resulting from the conversion, provided that such rounding off does not exceed EUR 5 000. Without prejudice to the second subparagraph, Member States shall adjust the coverage levels converted into another currency to the amount referred to in paragraph 1 of this Article every five years. Member States shall make an earlier adjustment of coverage levels, after consulting the Commission, following the occurrence of unforeseen events such as currency fluctuations.

National law under this provision

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Source: EUR-Lex CELLAR · retrieved 2026-09-04