IADI`s Role in Supporting Deposit Insurance

advertisement
IADI’s Role in Supporting and Promoting
Deposit Insurance
Africa Regional Conference
The Benefits of Deposit Insurance in Africa
29 – 31 July 2010
Arusha, Tanzania
Don Inscoe
Secretary General
International Association of Deposit Insurers
Established in 2002 following deliberations of the Financial Stability
Forum:
•
IADI is a not-for-profit organization constituted under Swiss Law… and a
separate legal entity
•
IADI is hosted by the Bank for International Settlements (BIS) in Basel
Switzerland
•
Other BIS organizations that contribute to financial stability include the
Basel Committee on Banking Supervision, Financial Stability Board,
Financial Stability Institute, and the International Association of Insurance
Supervisors
61 deposit insurance organizations are IADI members, 20 other
participants' include central banks and International Financial
Organizations
1
International Association of Deposit Insurers
Who partipates in IADI?
61 Members are deposit insurance organizations established
by law or statute
6 Associates are organizations, include some considering or
forming deposit insurance
•
•
•
•
•
•
Bank of Mongolia
Monetary Authority of Singapore*
Prudential Policy Bank of Algeria
Bangko Sentral ng Philippines*
National Treasury (South Africa)
Bank of Thailand*
*Deposit insurers in Singapore, Philippines, Thailand are also IADI
members
2
International Association of Deposit Insurers
Who participates in IADI?
12 Partners have a stake in financial stability
•
•
•
•
•
•
•
•
•
•
•
Asian Development Bank,
Association of Supervisors of the Banks of Americas,
Centro de Estudios Monetarios Latinamericanos,
European Bank for Reconstruction and Development,
European Forum of Deposit Insurers,
IMF,
South East Asian Central Banks (SEACEN) Research and Training
Centre,
The Toronto International Leadership Centre for Financial Sector
Supervision,
Office of Technical Assistance (US Treasury),
Union of Arab Banks,
The World Bank
3
International Association of Deposit Insurers
Objectives and Initiatives
IADI contributes to the stability of financial systems by
promoting international cooperation:
•
Set international standards, undertake research on DI issues
•
Assist members seeking to strengthen or improve their DIS and
provides forums for deposit insurers to share experiences
•
promote deposit insurance role in safety net
Other support for Members - Databank and website, research and
surveys, logistical assistance, etc.
4
International Association of Deposit Insurers
Set international standards, undertake research on DI issues
-
Core Principles jointly published by IADI and Basel Committee
2009, with input from European Forum of Deposit Insurers, G20
-
Core principles Methodology is being developed by an
international working group to assess compliance, including selfassessment and 3rd party
-
The Methodology WG includes IADI, BCBS, IMF, WB, EC, EFDI
-
3rd party assessments can include peer reviews (FSB), and FSAPs
conducted by IMF and WB.
5
International Association of Deposit Insurers
Set international standards, undertake research on DI issues
- IADI has a large organization responsible for conducting research
and publishing guidance
- Published guidance papers include:
Legal Protection, Governance, Public Awareness, Funding,
Differential Premium Systems, Failed Bank Resolutions,
Interrelationships among Safety Net Participants
- Active research projects:
Cross Border Issues, Organizational Risk Management, Public Policy
Objectives, Payout Process, Transitioning Issues, Financial
Inclusion, Islamic Banking
-
IADI has unique data from surveys and other sources
International DIS, Payout systems, financial crisis - unwinding,
increased level or scope of coverage, members’ training needs and
capacity to provide capacity building
6
International Association of Deposit Insurers
Assist members seeking to strengthen or improve their DIS, and
provides forums for deposit insurers to share experiences
-
Conferences and Seminars
Conferences: Annual Conference, Regional Conferences including
Seminars: Claims Management, Bank Resolutions, Islamic DI
fundamentals
On-line training: DI Basics, Premiums and Fund Management, Claims
Management and Payout, Asset Management – Role of Receiver
-
Capacity Building
Program to provide technical assistance to members (payout
systems, data management, legal issues, bank resolutions)
7
International Association of Deposit Insurers (IADI)
IADI contributes to the stability of financial systems by
promoting international cooperation:
Promote deposit insurance role in safety net
Collaborative development of Core Principles and Methodology, cosponsors of events with BIS, FSI, BCBS, FSVC, SEACEN
Joint research efforts on issues arising from financial crisis (IADI,
IMF, for Financial Stability Institute – Unwinding blanket
guarantees, transitioning, convergence
Joint development of on-line training with Financial Stability Institute
Conferences and training participants include deposit insurers,
financial institution supervisors, and central banks
8
More information on the website
• Upcoming conferences and training
• Latest research and data
• Extensive materials members only
• Surveys and statistics
• Deposit Insurance organizations in IADI and world wide
• How to join
Thank you
www.iadi.org
Download
Related flashcards

Real estate valuation

16 cards

Create Flashcards