Home DGS definition

Home DGS means the Deposit Guarantee Scheme established in the Member State in which a Member Institution has been authorised pursuant to Article 8 of Directive 2013/36/EU.
Sample 1Sample 2Sample 3
Home DGS means the DGS established in the Member State in which a Member Institution has been authorised pursuant to Article 8 of Directive 2013/36/EU.
Sample 1Sample 2Sample 3

Examples of Home DGS in a sentence

  • Any costs arising from delays in the Home DGS providing the Host DGS with the instructions for payment, the necessary information and the funds, shall be borne by the Home DGS, including where the delays impose operational costs on the Host DGS.

  • Where the claim is submitted to the Host DGS, this DGS shall forward it to the Home DGS.

  • Claims related to temporary high balances may be submitted either to the Host or to the Home DGS.

  • Upon request by the Home DGS, the Host DGS shall lend the necessary assistance, such as in dealing with the language or legal issues from the law applicable in the Host DGS’s jurisdiction.

  • The Home DGS shall handle the necessary currency exchange and bear the necessary currency exchange costs.

  • Upon verifying the claim, the Home DGS shall send the necessary instructions for repayment of depositors and funds, either as a package with other claims if done in a reasonable timeframe, or individually.

  • The Host DGS shall, within one working day, notify the Home DGS of a depositor request for a cost of living payout.

  • The Host DGS shall assist the Home DGS with the handling of claims related to temporary high balances in its jurisdiction in the manner prescribed in this article.

  • The Host DGS shall strive to ensure that the repayable amount is available to depositors as soon as possible, within three working days of the Member State of the host DGS after receiving all the necessary information, instructions for payment and funding from the Home DGS prior to payout.

  • The Home DGS shall make every reasonable effort to provide the Host DGS with all necessary information on deposits and depositors in order to make a repayment to depositors on behalf of the Home DGS by no later than two working days of the Member State of the Home DGS prior to the end of the repayment period set out in accordance with the Home DGS’s national legislation transposing Directive 2014/49/EU.

Related to Home DGS

  • Consumer fireworks means fireworks devices that are designed to produce visible effects by combustion, that are required to comply with the construction, chemical composition, and labeling regulations promulgated by the United States consumer product safety commission under 16 CFR parts 1500 and 1507, and that are listed in APA standard 87-1, 3.1.2, 3.1.3, or 3.5. Consumer fireworks does not include low-impact fireworks.

  • Home state means the member state that is the licensee's primary state of residence.

  • Homeless means lacking fixed, regular and adequate housing. You may be homeless if you are living in shelters, parks, motels, hotels, public spaces, camping grounds, cars, abandoned buildings, or temporarily living with other people because you have nowhere else to go. Also, if you are living in any of these situations and fleeing an abusive parent, you may be considered homeless even if your parent would otherwise provide a place to live.

  • Home health care services means medical and nonmedical services, provided to ill, disabled or infirm persons in their residences. Such services may include homemaker services, assistance with activities of daily living and respite care services.