Assets held by depositors with their financial institution enjoy very wide protection. Among the protection measures is the deposit reimbursement guarantee that is triggered in the event of a default of such an institution. This guarantee, which covers private individuals, associations and small and medium-sized enterprises, was raised in 2008 from € 20,000 to € 100,000.
The deposit guarantee scheme also covers any possible non-recovery of securities deposited on account with a financial institution. The level of this cover has been kept at € 20,000. There are other protection measures for securities, notably the scheme offering clients a direct compensation claim. In that way, these securities can under no circumstances fall within the collective assets in the event of insolvency.
This website provides further information on the Belgian protection scheme whose operating principles are based on the EU Directives on deposit guarantee and investor compensation schemes.
