Deposit Guarantee Scheme Reporting in Luxembourg – FGDL Membership, SCV Files, and the Covered Deposits Survey
Last updated: March 2026 Last year, a Luxembourg institution ran a CPDI-requested SCV stress test and discovered that 22% of its depositor records were flagged as not ready for straight-through compensation. Names did not match across accounts for the same depositor. NIN fields were blank for accounts opened before 2016. Omnibus accounts had been incorrectly…