(1) CRR credit institutions are obliged to submit to the statutory compensation scheme to which they are allocated, without delay, the adopted annual financial statements together with the corresponding audit report, and, on request, to provide all information and submit all documents that the compensation scheme needs to perform its tasks under this Act.
(2) CRR credit institutions are obliged to inform the compensation scheme of every material change to their business model or a change in other material circumstances that could materially increase the extent of covered deposits or give rise to or increase the risk of a compensation event occurring.
Home› Banking & Credit Institutions› EinSiG-EN
Part 3 · Deposit Guarantee Schemes › Division 3 · Examination of CRR Credit Institutions by Statutory Compensation Schemes › Section 34
CRR credit institutions' duties to provide information
←→ also move between sections