The International Association of Deposit Insurers (IADI) consults on revisions to the Core Principles for Effective Deposit Insurance Systems
- IADI launches a public consultation on proposed revisions to the Core Principles for Effective Deposit Insurance Systems.
- The revisions reflect developments and structural changes affecting the banking system since the previous update in 2014.
- IADI invites feedback on the proposals. Submissions are due by 14 July 2025.
The International Association of Deposit Insurers today opened a public consultation on proposed revisions to the IADI Core Principles for Effective Deposit Insurance Systems (“IADI Core Principles”).
The IADI Core Principles are globally recognised standards. They serve as a benchmark for jurisdictions to evaluate the effectiveness of their deposit insurance systems, identify gaps, and implement necessary improvements.
The proposed revisions address structural changes, including digital innovation, the growing role of deposit insurers in resolution, and lessons learned from the banking turmoil in March 2023—the most significant systemic stress event since the 2007-09 global financial crisis. The 2023 turmoil underscored the need for a holistic approach to the financial safety net and effective coordination among deposit insurance, resolution, and supervision, while acknowledging the varying architectures and diverse institutional structures of deposit insurance systems globally.
A High-level Steering Group, chaired by the president and CEO of the Canada Deposit Insurance Corporation, developed the revised Core Principles. The IADI Executive Council approved the revisions for consultation, following input from key stakeholders, including the International Monetary Fund, World Bank, Basel Committee on Banking Supervision, and Financial Stability Board.
IADI invites feedback on the proposals. Submissions are due by 14 July 2025.
Notes to Editors
IADI is the global standard-setter for deposit insurance systems, dedicated to strengthening these systems worldwide and promoting financial stability. It currently has 106 deposit insurers as Members, covering 114 jurisdictions, along with 9 Associates.
The IADI Core Principles are included in the Financial Stability Board Compendium of Standards. Additionally, the International Monetary Fund and the World Bank use the IADI Core Principles for technical assistance and assessments of the effectiveness of jurisdictions’ deposit insurance systems and practices.
Alejandro López, CEO of Seguro de Depósitos Sociedad Anónima (SEDESA, Argentina) is IADI President and Chair of the IADI Executive Council. The IADI Secretariat is based in Basel, Switzerland, hosted by the Bank for International Settlements.
For more information, visit www.IADI.org.