Q: What is the International Association of Deposit Insurers?
A: The International Association of Deposit Insurers (IADI) is a forum for deposit insurers from around the world to gather to share knowledge and expertise. It provides training and educational programs and produces research and guidance on matters related to deposit insurance. IADI has 71 member organizations, 9 Associates, and 12 Partners.
Q: How long has IADI been around?
A: IADI was founded in May 2002.
Q: Where is IADI located?
A: The IADI Secretariat is located at the Bank for International Settlements in Basel, Switzerland.
Q: Is participation in IADI only available to deposit insurers?
A: Only deposit insurers can join IADI as Members. However, financial safety-net organizations–such as central banks, supervisors and regulators–can join IADI as Associates. Additionally, international organizations, financial institutions, professional firms, and other private sector organizations can join IADI as Partners or Observers.
Q: What are the Core Principles for Effective Deposit Insurance Systems?
A: The Core Principles are intended as a voluntary framework for effective deposit insurance practices. Acknowledged in the Financial Stability Board's Compendium of Key International Standards, these principles were drawn from several IADI research & guidance papers and from other sources. The Core Principles were jointly developed for the benefit of jurisdictions considering the adoption or reform of a deposit insurance system.
Q: Does IADI provide training?
A: Yes. IADI provides training on many important topics for deposit insurers. Among others, those topics have included: transitioning issues for deposit insurance practitioners, enhancing governance arrangements, challenges for deposit insurers in resolving bank failures, interrelationships in promoting effective financial system safety nets, and enterprise risk management for deposit insurers. Please click here for more information.
Also, IADI annual conferences provide excellent opportunities to learn about deposit insurance.
Sometimes the best training can simply be talking to someone who knows what they're doing. Consider joining IADI as a Member, Associate, or Observer. Being a part of IADI delivers great opportunities to network with deposit insurance professionals around the world.