IADI was founded on 6 May 2002. It is a non-profit organization, constituted under Swiss law.
The genesis of IADI was the Working Group on Deposit Insurance established by the Financial Stability Forum (FSF) in 2000. The Working Group, in turn, was established following the findings of the Study Group on Deposit Insurance, which the FSF constituted in 1999. The Working Group and the Study Group were headed by Mr. Jean Pierre Sabourin of the Canada Deposit Insurance Corporation.
In September 2001, the Working Group issued its report to the FSF on guidance for establishing a deposit insurance system. Soon afterwards members of the Working Group got efforts underway to establish IADI.
On 18 June 2009, the Basel Committee on Banking Supervision and the International Association of Deposit Insurers (IADI) today issued the Core Principles for Effective Deposit Insurance Systems.
Deposit Insurance Organization of the Year
2012 – Korea Deposit Insurance Corporation (Korea)
2011 – Malaysia Deposit Insurance Corporation (Malaysia)
2010 – Deposit Insurance Corporation of Japan (Japan)
2009 – Savings Deposit Insurance Fund of Turkey (Turkey)
2008 – Federal Deposit Insurance Corporation (USA)
2007 – Fondo Garantidor Créditos (Brazil)
2006 – Canada Deposit Insurance Corporation (Canada)
2005 – Central Deposit Insurance Corporation (Chinese Taipei)