Page 7
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7
Annual report of the Bank Guarantee Fund
2020
BFG, Fund
Bank Guarantee Fund
BN BFG
Bank Nowy BFG S.A.
BS
Bank Spółdzielczy (Cooperative Bank)
BRR Directive, BRRD
Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the
recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC and
Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU
of the European Parliament and of the Council and Regulations (EU) No 1093/2010 and (EU) No 648/2012 of the European
Parliament and of the Council (OJ L of 12.6.2014, as amended)
BRRD2
Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU
as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/
EC (OJ L of 7.6.2019)
DGS
Deposit Guarantee Scheme
DGS Directive
Directive 2014/49/EU of the European Parliament and of the Council on deposit guarantee schemes of 16 April 2014 (OJ L
of 12.6.2014)
EFDI
European Forum of Deposit Insurers
EBA
European Banking Authority
ESPI
Electronic Information Transfer System
fośg
Guaranteed Deposit Protection Funds
GPW
Giełda Papierów Wartościowych w Warszawie S.A. [Warsaw Stock Exchange]
IADI
International Association of Deposit Insurers
KDPW
Central Securities Depository of Poland
KIR
Krajowa Izba Rozliczeniowa S.A. [National Clearing House]
KNF, UKNF
Polish Financial Supervision Authority, Office of the Polish Financial Supervision Authority
KSKOK, National
Union
National Cooperative Credit and Savings Union
MF
Ministry of Finance
MREL
Minimum requirement for own funds and eligible liabilities
NBP
National Bank of Poland
PBS w Sanoku
Podkarpacki Bank Spółdzielczy w Sanoku
Council, BFG Council,
Fund’s Council
Council of the Bank Guarantee Fund
SBRiR w Wołominie
Spółdzielczy Bank Rzemiosła i Rolnictwa with its registered seat in Wołomin
SKOK, credit and
savings union
Cooperative Credit and Savings Union
SRB
Single Resolution Board
EWS
Early Warning System
TLAC
Total Loss-Absorbing Capacity
EU
European Union
UOKiK
Office for Competition and Consumer Protection
BFG
The Act of 10 June 2016 on the Bank Guarantee Fund, the Deposit Guarantee Scheme and Resolution (Journal of Laws of
2020, item 842, as amended).
Management Board,
BFG Management
Board, Fund’s
Management Board
Management Board of the Bank Guarantee Fund
ZBP
Polish Banks Association
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