Recognition application

(1) The recognition application must in particular contain the following documents and particulars: 1. an accumulation plan under subsection (2); 2. the statute or articles and the contractual basis of the institutional protection scheme; 3. the names of the persons under section 43(2), no. 1 and of the members of the supervisory body under section 43(2), no. 2, and particulars of the facts necessary to assess their reliability and professional suitability; 4. the guidelines and legal bases for examining the CRR credit institutions belonging to the institutional protection scheme with regard to risks relevant to compensation; 5. an organisational plan showing the decision-making structure of the institutional protection scheme; 6. particulars of the obligations of the CRR credit institutions belonging to the institutional protection scheme towards the institutional protection scheme, in particular the obligations to submit the adopted annual financial statements together with the corresponding audit report, and the information and disclosure obligations under section 34(1).
(2) An accumulation plan must contain the following particulars: 1. particulars of the scheme's current financial resources and the expected development of its financial resources; 2. particulars of the details of raising annual and special contributions from the CRR credit institutions belonging to the institutional protection scheme; 3. particulars of risk-oriented contribution levying under section 19; and 4. particulars of the covered deposits held at the CRR credit institutions belonging to the institutional protection scheme. The accumulation plan must also contain estimates of how measures under section 49 may in future affect the length of the accumulation phase, and must take those effects into account. Insofar as the target level is to be reached through payment commitments under section 18(2), particulars must be given on compliance with the conditions of section 18(2).