Korea Deposit Insurance Corporation was the host for the Second Annual IADI Conference, which was held in Seoul, Korea from 22-24 October 2003. Consistent with IADI's vision "to share deposit insurance expertise with the world", the Members of the Association invited expert practitioners from around the world to make presentations and participate in the conference. The presentations covered deposit insurance as an integral part of the financial safety net, strategies to promote effective deposit insurance systems, lessons learned from dealing with institutional failures, the results from the Canada Deposit Insurance Corporation International Deposit Insurance Survey and future challenges for deposit insurance practitioners. The audience of 140 was truly international in scope as 45 countries were represented at the conference.