Rules & Regulations

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Rules & Regulations

This Regulation shall set out the general rules on the compensation process of insured depositors in case of an insured event, in accordance with the LDI.

The Rule is authorized under article 19 paragraph 1, sub-paragraph 1.4, article 12 and article 24 of LSD; pursuant to Article 9 and Article 19 of Law No. 04 / L-133

The purpose of this Rule is to define the structure and format of data to be submitted by  member banks in order to determine accurately and quickly insured deposits and regular participation in testing of software, depositor compensation system (hereinafter: DCS).

This Rule is authorized under Article 24 of Law No. 03/L-216 on the Establishment of a Deposit Insurance System for Financial Institutions in Kosovo (hereinafter LDI), as amended by Article 19, paragraph 1 of Law No. 04/L-133 Amending and Supplementing Law No. 03/L0-216 on the Establishment of a Deposit Insurance System for Financial Institutions in Kosovo” (hereinafter amended LDI).

The purpose of this Rule is to determine the method, terms and form of reporting of member banks on depositors, to determine the total amount of insured deposits of the banks which amount is the basis for calculating the ongoing premiums that the member banks pay DIFK .

The Rule is authorized under Article 24 paragraph 1 of LDI, Law No.03/L – 216, (Article 19 of the amended LDI, Law No.04/L-133), Article 14 paragraph 1.1 (Article 11, paragraph 1, subparagraph 1.1 of the Amended LDI) and Article 19 paragraph 1.4 of the LDI, and Article 23 of the LDI (Article 18 of the amended LDI) and it applies to all deposit-taking Financial Institutions that are members of the Deposit Insurance Fund of Kosovo.

 

The purpose of this Rule is to determine the method for ongoing premiums calculation for DIFK member banks on a quarterly basis as well as calculating the initial premium for new member institutions.

The Rule is authorized under Articles 9, 10, 11, 14, 16, 19, 22 and 31 of the LDI, Law Nr.03/L-216, and applies to all deposit-taking financial institutions.

The Rule defines a transparent range of applicable administrative sanctions consistent with the powers of DIFK under the LDI, Law Nr.03/L-216, in case that member banks do not comply with the LDI and amended LDI and rules promulgated thereunder.

Rule is authorized under Article 23 of the LDI, Law Nr.03/L-216, and Article 18 of the amended LDI, Law No.04/L-133.

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The Rule prescribes the manner of informing and the contents of information on deposit insurance, which members of DIFK are obliged to provide to their current and prospective clients.

The Rule is authorized under Article 19 Paragraph 1, Subparagraph 1.4, of the LDI, Law No. 03/L-216, and Article 19, of the Amended LDI, Law No. 04/L-133.