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By-laws of the Deposit Protection Fund

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Section 9 – Publication <strong>of</strong> participation in <strong>the</strong> <strong>Fund</strong><br />

The Banking Association may publish <strong>the</strong> names <strong>of</strong> <strong>the</strong> banks participat ing in <strong>the</strong><br />

<strong>Fund</strong> and any changes in this regard.<br />

Section 10 – No claims <strong>of</strong> <strong>the</strong> bank<br />

The banks shall have no right in law that <strong>the</strong> <strong>Fund</strong> renders as sistance or with<br />

respect to <strong>the</strong> assets <strong>of</strong> <strong>the</strong> <strong>Fund</strong>. The latter shall apply in particular to banks whose<br />

participation in <strong>the</strong> <strong>Fund</strong> has terminated.<br />

Section 11 – Obligation <strong>of</strong> confidentiality and secrecy,<br />

avoidance <strong>of</strong> conflicts <strong>of</strong> interest<br />

1. The members <strong>of</strong> <strong>the</strong> bodies and committees <strong>of</strong> <strong>the</strong> Banking Association and<br />

its member associations shall be obliged to keep in <strong>the</strong> strictest confidence<br />

and to make no unauthorised disclosure or use <strong>of</strong> anything <strong>of</strong> which <strong>the</strong>y<br />

become aware in such capacity regarding <strong>the</strong> activities <strong>of</strong> <strong>the</strong> <strong>Fund</strong> and <strong>the</strong><br />

Auditing Association and <strong>the</strong> results <strong>the</strong>re<strong>of</strong>, as well as <strong>the</strong> circumstances <strong>of</strong><br />

<strong>the</strong> participating banks and <strong>the</strong>ir customers, even after termination <strong>of</strong> <strong>the</strong>ir<br />

membership in such bodies and committees. Such obligation shall also be<br />

imposed upon employees <strong>of</strong>, and o<strong>the</strong>r persons engaged by, <strong>the</strong> Banking<br />

Association.<br />

2. The members <strong>of</strong> <strong>the</strong> Board <strong>of</strong> Directors and <strong>of</strong> <strong>the</strong> committees, as well as <strong>the</strong><br />

employees <strong>of</strong> <strong>the</strong> Banking Association, shall be bound by procedures designed<br />

to avoid violations <strong>of</strong> <strong>the</strong> Act against Restraints <strong>of</strong> Competition (Gesetz gegen<br />

42 <strong>By</strong>-<strong>laws</strong> Section 9 – Section 11

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