The obligatory contribution to the guarantee fund of banks and credit unions – its legal character and the relevance of the resolutions of the Council of Bank Guarantee Fund in setting its amount (the outline of the problem and a springboard for discussio
https://doi.org/10.26354/bb.1.2.75.2019
Abstract
The deliberations in this article concentrate on the issue of the legal character of obligatory contributions to the guarantee funds of banks and credit unions. The article explains the reason and the purpose of establishing the deposit guarantee scheme for banks and credit unions. Moreover, an attempt has been made to define the legal status of Bank Guarantee Fund and to explain the character of the legal acts – resolutions – issued by the Fund Council with regard to the amount of contributions to the guarantee fund of banks and credit unions. The said resolutions of the Fund Council on each occasion materialize the obligation of banks and credit unions to pay the contribution on the terms and conditions set therein.
Keywords:
Bank Guarantee Fund (BFG) , protection of depositors, deposit guarantee scheme , guarantee funds of banks and credit unions , legal status of the Bank Guarantee Fund , resolutions of the Fund Council , internal legal acts , administrative body , hierarchical subordination , claim contribution payment (reimbursement) , compensation claimsJEL Codes
G210, G280, K100Download files
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Vol. 75 No. 2 (2019)
Published: 2019-06-28
10.26354

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Język Polski
English