A working group of experts at the Ministry of Finance, the DNB and the Netherlands Bankers’ Association (Nederlandsche Vereniging van Banken) has published a report on the deposit guarantee scheme. The goal of the report is to reconsider the deposit guarantee scheme and possibly revise certain parts.

The report concludes that while the deposit guarantee scheme meets a public need, certain parts of the current scheme could be improved. The scheme fails to give the correct incentives to deposit holders and banks, the procyclic allocation of banks’ costs may be at the wrong time and is complicated for banks and the DNB, and the laws and regulations are unclear in parts.