(a)

paragraph 1 is amended as follows: in point (3), the introductory wording is replaced by the following: ; “deposit” means a credit balance which results from funds left in an account or from temporary situations deriving from normal banking transactions habitually carried out by credit institutions in the course of their business, and which a credit institution is required to repay under the legal and contractual conditions applicable, including a fixed-term deposit and a savings deposit, but excluding a credit balance where:’ in point (13), the introductory wording is replaced by the following: ; “payment commitment” means an irrevocable, fully collateralised obligation of a credit institution to pay a DGS a monetary amount when called by that DGS, and where the collateral:’ the following points are added: (*1) Regulation (EU) 2024/1624 of the European Parliament and of the Council of 31 May 2024 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (OJ L, 2024/1624, 19.6.2024, ELI: http://data.europa.eu/eli/reg/2024/1624/oj).’;" “resolution authority” means a resolution authority as defined in Article 2(1), point (18), of Directive 2014/59/EU; “client funds deposits” means funds that account holders that are financial institutions as defined in Article 4(1), point (26), of Regulation (EU) No 575/2013 deposit in the course of their business with a credit institution for the account of their clients; “Union State aid framework” means the framework established by Articles 107, 108 and 109 of the Treaty on the Functioning of the European Union (TFEU) and regulations and all Union acts, including guidelines, communications and notices, made or adopted pursuant to Article 108(4) or Article 109 TFEU; “money laundering” means money laundering as defined in Article 2(1), point (1), of Regulation (EU) 2024/1624 of the European Parliament and of the Council (*1); “terrorist financing” means terrorist financing as defined in Article 2(1), point (2), of Regulation (EU) 2024/1624.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-08 · Text as adopted (Official Journal); later amendments are not incorporated in this text.