Lege nr. 311/2015 privind schemele de garantare a depozitelor si Fondul de garantare a depozitelor bancare

This Romanian law establishes the framework for deposit guarantee schemes and the national Bank Deposit Guarantee Fund. It ensures that bank deposits are protected up to a certain limit in the event of a bank failure, providing stability to the national financial system. Banking institutions and individual depositors in Romania are affected. The law defines how funds are collected and how they are distributed to protect customers' savings during financial crises.