By-laws of the Deposit Protection Fund

ating within the periods set by the Auditing Association, in compliance with
the requirements of Section 5 (12). Notwithstanding any further consequences
resulting from Section 12 in particular, a bank which fails to present the
information needed for the credit rating or presents information that is
inadequate because of its limited meaningfulness shall be assigned to category
C under the “Risk Assessment Rules” after expiry of a reasonable period of time
allowed for subsequent delivery of the information needed.
3. The information needed to calculate the own funds factor and the loss
buffer ratio must be obtained on the cut-off dates 31 March and 30 June, 30
September and 31 December of each year and transmitted to the Auditing
Association by no later than the 15th calendar day after the end of the following
month, in compliance with the requirements of Section 5 (12). Notwithstanding
any further consequences resulting from Section 12 in particular, the legal
consequences of failure to deliver the required information or of delivery of
inadequate information shall be determined by Section 5a (12).
Section 4b – Deposit rating
1. The banks shall undergo a deposit rating annually, to be performed by
the Auditing Association or one of its subsidiaries in accordance with the
provisions contained in the “Deposit Rating Rules”, which form part of the
present By-laws. In deviation from sentence 1, the deposit rating may also
be performed at shorter intervals where there is reason to believe that the
situation of the bank or the deposits has undergone not only non-material
changes since the last deposit rating or without cause where the bank was
placed in the rating category DR 3 or lower in accordance with the previous
deposit rating procedure.
By-laws
Section 4a – Section 4b
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