2 Amendments of Carl HAGLUND related to 2010/0207(COD)
Amendment 130 #
Proposal for a directive
Recital 26
Recital 26
(26) The payout delay of at maximum six weeks from 31 December 2010 , runs counter to the need to maintain depositor confidence and does not meet their needs. The payout delay should therefore be reduced to a period of onefour weeks.
Amendment 194 #
Proposal for a directive
Article 7 – paragraph 1 – subparagraph 1
Article 7 – paragraph 1 – subparagraph 1
Deposit Guarantee Schemes shall be in a position to repay unavailable deposits within 7 dayfour weeks of the date on which the competent authorities make a determination as referred to in Article 2(1)(e)(i) or a judicial authority makes a ruling as referred to in Article 2(1)(e)(ii).