Subsection 5: Common provisions

Orders issued by the Minister for the Economy specify: 1° The conditions, deadlines and procedures for implementing the guarantee provided for in article L. 312-4-1 and I of article L. 312-5 ; 2° The compensation ceiling per member and per depositor or other beneficiary, as well as the conditions for exceeding this ceiling, on the one hand, at the request of the depositor in the case of temporary exceptional deposits…

An order of the Minister for the Economy, issued after consultation with the Autorité des marchés financiers, sets the conditions under which credit institutions and investment firms authorised in another State party to the Agreement on the European Economic Area may join the guarantee fund.