Member States shall ensure that the designated authority informs the DGS within 24 hours of the moment that the designated authority receives from a financial supervisor, as defined in Article 2(1) of Directive (EU) 2024/1640, the information referred to in Article 64(4) of that Directive. Information exchanged between the designated authority and the DGS is to be limited to what is strictly necessary for the exercise of the DGS’s tasks and responsibilities under this Directive and must respect the requirements laid down in Directive 96/9/EC on the legal protection of databases.

Member States shall ensure that the DGS suspends repayment of the repayable amount where a depositor or any person entitled to sums held in the account has been charged with an offence arising out of, or in relation to, money laundering or terrorist financing, pending the judgment of the court, and shall establish a procedure to ensure timely communication of that information to the DGS. The DGS shall also suspend repayment for the same period as laid down in Article 24 of Directive (EU) 2024/1640 where informed that the financial intelligence unit has suspended a transaction, account or business relationship related to the concerned depositor, and the DGS is not to be held liable for suspensions undertaken under these provisions.