Introduction

Abstract

This book fits within the debate on deposit guarantee schemes in the European Union, currently under revision, first by investigating the key initiatives towards the creation of the banking union and the role played by the schemes. Deposit guarantee safeguards deposits and strengthens overall financial sector stability by removing incentives for bank runs and thus limiting financial contagion. Second, the book describes the various features of the schemes currently adopted by member states, providing extensive information on their main features. Finally, it empirically investigates the impact of the new rules on the amount of contribution banks have to pay to the national schemes and assuming the establishment of a single pan-European scheme.