Statement on the remarks of the European Commission on EDIS in its communication on ‘completing the Banking Union’ dated October 11, 2017

11 October 2017

The latest comments by the European Commission on a European Deposit Insurance Scheme (EDIS) have not brought about any significant improvement. There are still a number of major shortcomings and aspects requiring clarification. The German Banking Industry Committee continues to reject the European Commission’s proposal for a European Deposit Insurance Scheme.

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