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EFTA01381434

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1 its existence can only be proven by a financial instrument within the meaning of section 2 (2b) of the Securities Trading Act (Wertpapierhandelsgesetz), unless it is a savings product that is evidenced by a certificate of deposit made out to a named person and that already existed on 2 July 2014, 2 its principal is not repayable at par or 3 its principal is only repayable under a particular guarantee or agreement provided by the CRR credit institution or a third party. Deposits within the meaning of this Act shall also mean liabilities from securities transactions of a CRR credit institution that has also been granted authorisation to conduct banking transactions under section 1 (1) sentence 2 numbers 4 and 10 of the Banking Act or to provide financial services within the meaning of section 1 (1a) sentence 2 numbers 1 to 4 of the Banking Act, provided that the liabilities of the CRR credit institution are designed to obtain possession or ownership of funds for its customers. (4) Eligible deposits of a CRR credit institution within the meaning of this Act mean all deposits other than deposits that are excluded from protection under section 6. (5) Covered deposits of a CRR credit institution within the meaning of this Act mean the part of eligible deposits that do not exceed the coverage level in accordance with section 8. Section 3 Depositor information about deposit guarantees (1) The website of the deposit guarantee schemes shall contain all the necessary information for the creditors of a CRR credit institution who are holders of a deposit (depositors), in particular information about the compensation procedure and the conditions of deposit guarantees as provided for under this Act. (2) The depositor information may include a factual description of the functioning of the deposit guarantee scheme, but shall not contain any reference to unlimited coverage of deposits. Section 4 Depositor information and right to give notice in the event

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