Directive 94/19/EC of the European Parliament and of the Council of 30 May 1994 on deposit-guarantee schemes Basic information Dates Date of document: Date of publication: Date of effect: May 31, 1994 Entry into force - Date pub. See Art 15 Date of transposition: Date of end of validity: Modified by Modified by: Amendment proposed by: Derogated in: undefined undefined undefined Repealed by: Modifies Affected by case Judgment of the Court (Second Chamber) of 2 September 2015. Andrejs Surmačs v Finanšu un kapitāla tirgus komisija. Request for a preliminary ruling from the Augstākās tiesas Senāts. Reference for a preliminary ruling — Directive 94/19/EC — Point 7 of Annex I — Deposit-guarantee scheme — Exclusion of certain depositors from the deposit-guarantee scheme — Exclusion of a ‘manager’. Case C-127/14. Judgment of the Court (Fifth Chamber) of 22 March 2018. Agnieška Anisimovienė and Others v bankas „Snoras“ AB, in liquidation and Others. Requests for a preliminary ruling from the Lietuvos Aukščiausiasis Teismas. References for a preliminary ruling — Deposit-guarantee and investor-compensation schemes — Directive 94/19/EC — Article 1(1) — Deposits — Temporary situations deriving from normal banking transactions — Directive 97/9/EC — Second subparagraph of Article 2(2) — Money owed to or belonging to an investor and held on his behalf by an investment firm in connection with investment business — Credit institution which issues transferable securities — Funds transferred by individuals to that institution in respect of subscription to future transferable securities — Application of Directive 2004/39/EC — Insolvency of that institution before the transferable securities in question are issued — Public undertaking entrusted with the deposit-guarantee and investor-compensation schemes — Ability to rely on Directives 94/19/EC and 97/9/EC against that undertaking. Joined Cases C-688/15 and C-109/16. Judgment of the Court (Fourth Chamber) of 25 March 2021. BT v Balgarska Narodna Banka. Request for a preliminary ruling from the Administrativen sad Sofia-grad. Reference for a preliminary ruling – Deposit-guarantee schemes – Directive 94/19/EC – Article 1(3)(i) – Article 7(6) – Article 10(1) – Concept of ‘unavailable deposit’ – Determination of unavailability of deposits – Competent authority – Depositor’s rights to compensation – Contractual clause contrary to Directive 94/19 – Principle of primacy of Union law – European System of Financial Supervision – European Banking Authority (EBA) – Regulation (EU) No 1093/2010 – Article 1(2) – Article 4(2)(iii) – Article 17(3) – EBA recommendation to a national banking authority on measures to comply with Directive 94/19 – Legal effects – Validity – Reorganisation and winding up of credit institutions – Directive 2001/24/EC – Article 2, seventh indent – Concept of ‘reorganisation measures’ – Compatibility with Article 17(1) and Article 52(1) of the Charter of Fundamental Rights of the European Union – Liability of Member States for breach of Union law – Conditions – Sufficiently serious breach of EU law – Procedural autonomy of Member States – Principle of sincere cooperation – Article 4(3) TEU – Principles of equivalence and effectiveness. Case C-501/18. Judgment of the Court (Second Chamber) of 21 December 2016. Paul Vervloet and Others v Ministerraad. Request for a preliminary ruling from the Grondwettelijk Hof. Reference for a preliminary ruling — State aid — Aid implemented by the Kingdom of Belgium in favour of ARCO Group financial cooperatives — Deposit guarantee schemes — Directive 94/19/EC — Scope — Guarantee scheme protecting the shares of individual members, being natural persons, of cooperatives operating in the financial sector — Not included — Articles 107 TFEU and 108 TFEU — Commission decision declaring the aid incompatible with the internal market. Case C-76/15. Judgment of the Court (Full Court) of 12 October 2004. Peter Paul, Cornelia Sonnen-Lütte and Christel Mörkens v Bundesrepublik Deutschland. Reference for a preliminary ruling: Bundesgerichtshof - Germany. Credit institutions - Deposit-guarantee schemes - Directive 94/19/EC - Directives 77/780/EEC, 89/299/EEC and 89/646/EEC - Supervisory measures by the competent authority for the purposes of protecting depositors - Liability of the supervisory authorities for losses resulting from defective supervision. Case C-222/02. Judgment of the Court (Second Chamber) of 25 June 2015. Proceedings brought by VĮ „Indėlių ir investicijų draudimas“ and Virgilijus Vidutis Nemaniūnas. Requesst for a preliminary ruling from the Lietuvos Aukščiausiasis Teismas. Reference for a preliminary ruling — Directives 94/19/EC and 97/9/EC — Deposit-guarantee schemes and investor-compensation schemes — Savings and investment instruments — Financial instrument within the meaning of Directive 2004/39/EC — Exclusion of the guarantee — Direct effect — Conditions to be met in order to benefit from Directive 97/9/EC. Case C-671/13. Case C-34/22: Request for a preliminary ruling from the Rechtbank van eerste aanleg Oost-Vlaanderen, Afdeling Gent (Belgium) lodged on 17 January 2022 — VN v Belgische Staat Case C-76/15: Request for a preliminary ruling from the Grondwettelijk Hof (Belgium) lodged on 19 February 2015 — Paul Vervloet and Others, Organisme voor de financiering van pensioenen Ogeo Fund, Gemeente Schaarbeek, Frédéric Ensch Famenne v Ministerraad; intervening parties: Arcofin CVBA and Others Case C-688/15: Request for a preliminary ruling from the Lietuvos Aukščiausiasis Teismas (Lithuania) lodged on 21 December 2015 — Agnieška Anisimovienė and Others article 1 paragraph 1 article 7 paragraph 1 article 8 paragraph 3 Case C-501/18: Request for a preliminary ruling from the Administrativen sad Sofia-grad (Bulgaria) lodged on 30 July 2018 — BT v Balgarska narodna banka article 10 paragraph 1 article 1 point 3 point (i) recital 13 recital 12 article 7 paragraph 6 Case C-571/16: Request for a preliminary ruling from the Administrativen sad Varna (Bulgaria) lodged on 14 November 2016 — Nikolay Kantarev v Balgarska narodna banka article 10 paragraph 1 article 1 paragraph 3 point (i) Case C-109/16: Request for a preliminary ruling from the Lietuvos Aukščiausiasis Teismas (Lithuania) lodged on 25 February 2016 — Indėlių ir investicijų draudimas article 7 paragraph 1 article 8 paragraph 3 article 1 paragraph 1 Judgment of the Court of 13 May 1997. Federal Republic of Germany v European Parliament and Council of the European Union. Directive on deposit-guarantee schemes - Legal basis - Obligation to state reasons - Principle of subsidiarity - Proportionality - Consumer protection - Supervision by the home Member State. Case C-233/94. Legal basis TREATY ESTABLISHING THE EUROPEAN COMMUNITY PART THREE: COMMUNITY POLICIES TITLE III: FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL CHAPTER 2: RIGHT OF ESTABLISHMENT ARTICLE 57 TREATY ESTABLISHING THE EUROPEAN COMMUNITY PART FIVE: INSTITUTIONS OF THE COMMUNITY TITLE I: PROVISIONS GOVERNING THE INSTITUTIONS CHAPTER 2: PROVISIONS COMMON TO SEVERAL INSTITUTIONS ARTICLE 189B EuroVoc Vocabulary Management audit Banks Credit guarantee Bank deposit Freedom of establishment Credit institution Approximation of laws