Pursuant to Directive 2014/49/EU, deposits of certain financial institutions, including investment firms, are excluded from coverage by DGSs. However, the funds that those financial institutions receive from their clients and that they deposit in a credit institution on behalf of their clients in the exercise of the services they offer should be protected subject to certain conditions.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.