Question ID:
Legal Act:
Directive 2014/59/EU (BRRD)
Other topics
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Not applicable
Disclose name of institution / entity:
Name of institution / submitter:
Dino Buzzati
Country of incorporation / residence:
Type of submitter:
Subject Matter:
Composition of resolution college

For the purpose of Article 88(2)(g)) of Directive 2014/59/EU (BRRD), should “the authority that is responsible for the deposit guarantee scheme of a member state” be the “designated authority” in accordance to Article 2(1)(18) of Directive 2014/49/EU (DGSD)?

Background on the question:

in order to implement Resolution College, it is important to invite the right authorities. In this context, it is necessary to know if what the meanings are for Article 88(2)(g) BRRD and Article 2(1)(18) of the second directive on DGS.

Date of submission:
Published as Final Q&A:
Final Answer:

The authority that is responsible for the deposit guarantee scheme of a Member State pursuant to Article 88(2)(g) BRRD is to be understood to be the “designated authority” as defined in Article 2(1)(18) DGSD. To that purpose, the “designated authority” means a body which administers a DGS pursuant to the DGSD, or, where the operation of the DGS is administered by a private entity, a public authority designated by the Member State concerned for supervising it pursuant to the DGSD.


The answers clarify provisions already contained in the applicable legislation. They do not extend in any way the rights and obligations deriving from such legislation nor do they introduce any additional requirements for the concerned operators and competent authorities. The answers are merely intended to assist natural or legal persons, including competent authorities and Union institutions and bodies in clarifying the application or implementation of the relevant legal provisions. Only the Court of Justice of the European Union is competent to authoritatively interpret Union law. The views expressed in the internal Commission Decision cannot prejudge the position that the European Commission might take before the Union and national courts.



Final Q&A
Answer prepared by:
Answer prepared by the European Commission because it is a matter of interpretation of Union law.