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EFTA01372621

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shall be entitled to claim compensation, provided that that person has been identified or is identifiable at the time of the compensation event. (2) The deposit guarantee scheme to which the CRR credit institution belongs is required to pay compensation for liabilities from securities transactions within the meaning of section 1 (3) sentence 2 of the Investor Compensation Act (Anlegerentschadigungsgesetz) as required by sections 3 to 5 of the Investor Compensation Act. (3) If the authorisation to conduct deposit business in accordance with section 1 (1) sentence 2 number 1 of the Banking Act no longer applies, the deposit guarantee scheme shall only be liable for liabilities of the CRR credit institution that originated before the authorisation ceased to apply. Section 6 Deposits excluded from protection No compensation in accordance with section 5 shall be paid for the following deposits: 1 deposits made by other CRR credit institutions on their own behalf and for their own account, 2 own funds within the meaning of number (118) of Article 4 (1) of Regulation (EU) No 575/2013. 3 deposits arising out of transactions as a result of which there has been a criminal conviction of persons for money laundering within the meaning of Article 1 (2) of Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (OJ L 309 of 25 November 2005, page 15), 4 deposits by financial institutions within the meaning of number (26) of Article 4 (1) of Regulation (EU) No 575/2013, 5 deposits by investment firms within the meaning of number (1) of Article 4 (1) of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council

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