commiss recommend decemb introduct deposit guarante scheme commun eec commiss european commun regard treati establish european econom commun articl thereof commiss transmit council januari propos council direct coordin law regul administr provis relat reorgan wind credit institut articl propos direct transit provis stipul pend entri forc deposit guarante scheme member state deposit guarante scheme credit institut part extend cover deposit receiv branch set host countri guarante scheme member state deposit guarante scheme situat articl propos direct appli curb open branch territori impos addit burden credit institut guarante scheme take part event wind reveal insuffici asset number member state deposit protect scheme set voluntari basi respons profession organ prove suitabl effect compulsori scheme set administ statutori basi safeguard member state guarante scheme privat government initi recommend bind member state address result achiev solicit cooper voluntari basi effect mean enabl stimul parti concern requir branch institut head offic nation territori join deposit guarante scheme host countri result implement articl abovement direct conjunct recommend maintain european level dispar protect encount nation level scheme situat prove prejudici proper function european intern market order verifi practic experi gain oper deposit guarante scheme commun bind rule law put forward context propos direct recommend member state deposit guarante scheme check event wind credit institut reveal insuffici asset scheme guarante compens depositor possess mean properli assess financi polici institut entrust deposit cover depositor author credit institut includ depositor branch credit institut head offic member state distinguish suffici intervent prior wind compens wind set criteria compens formal complet order receiv compens member state plan introduc deposit guarante scheme check plan meet condit set point measur ensur deposit guarante sheme adopt decemb member state deposit guarante scheme cover institut drawn plan scheme draw collabor author respons supervis credit institut profession organ repres categori institut concern plan deposit guarante scheme meet condit set point measur ensur scheme forc januari member state inform commiss made deposit guarante scheme measur plan measur adopt connect point recommend address member state brussel decemb commiss cockfield vice presid oj belgum feder republ germani spain franc netherland unit kingdom itali ireland portug denmark greec luxembourg