Abstract In the European Union, the Deposit Guarantee Schemes Directive[1] adopted in 2014 sets out rules and procedures to ensure depositor protection and is a key step towards harmonisation of deposit insurance in the European Union. It contains 22 national options and discretions (NODs) which Member States may apply to reflect specific national circumstances. The purpose … Continue reading Options and national discretions under the deposit guarantee scheme directive and their treatment in the context of a European deposit insurance scheme