This Directive recasts and harmonises rules on deposit-guarantee schemes (DGSs) under the TFEU, establishing a uniform depositor coverage level of EUR 100,000 (with limited transitional higher coverage for certain Member States until 31 December 2018), protection per identifiable depositor, and equal treatment of branch depositors. It clarifies scope and exclusions (excluding electronic money and most financial instruments), defines eligible and excluded depositors (notably excluding certain public authorities, financial institutions and money‑laundering actors), recognises institutional protection schemes where compliant, and requires compliance with State aid rules.

Governance and funding requirements include sound governance, annual reporting, an ex‑ante target funding level, risk‑based contributions approved by competent authorities, and permissible use of DGS resources for repayment (paybox), resolution support or preventive measures within a defined framework. The Directive shortens payout to seven working days (with transitional arrangements and advance access for living costs), provides for subrogation rights, data protection, cooperation among authorities, EBA guidance and dispute settlement, and empowers the Commission to adjust coverage for inflation and requires Member State transposition of substantive changes.