2009 IADI Annual Conference and Annual General Meeting, 21-24 September 2009

2009 IADI Annual Conference Materials

The Financial Stability Institute, the International Association of Deposit Insurers (IADI) and the Basel Committee on Banking Supervision (BCBS) co-sponsored a Conference on the Core Principles for Effective Deposit Insurance Systems on 23–24 September 2009 at the Bank for International Settlements in Basel, Switzerland.

More than 200 participants from 80+ countries attended the Conference, including deposit insurers, financial supervisors, and central bankers.

On behalf of President Gruenberg, I would like to thank the organizations that supported the Conference, and the many people that participated in the first international conference on Core Principles

Don Inscoe

Secretary General

Basel, Switzerland

Joint News Release 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.

The deposit insurance Core Principles, which were developed by a joint working group between the Basel Committee and IADI, address a range of issues including deposit insurance coverage, funding and prompt reimbursement. They also focus on issues related to public awareness, resolution of failed institutions and cooperation with other safety net participants, including central banks and supervisors. Events during the recent international financial turmoil illustrate the importance of effective depositor compensation arrangements and the need for authorities to agree on an international set of principles for effective deposit insurance systems.

The International Association of Deposit Insurers (IADI) was formed in May 2002 to enhance the effectiveness of deposit insurance systems by promoting guidance and international cooperation. Members of IADI conduct research and produce guidance for the benefit of those countries seeking to establish or improve a deposit insurance system. Members also share their knowledge and expertise through participation in international conferences and other forums.

IADI represents 54 deposit insurers from 53 countries. IADI is a non-profit organization constituted under Swiss Law and is domiciled at the Bank for International Settlement in Basel, Switzerland.