The International Association of Deposit Insurers (IADI) publishes revised Core Principles for Effective Deposit Insurance Systems
- IADI revises the Core Principles for Effective Deposit Insurance Systems, last updated in 2014.
- Revisions reflect structural changes in financial systems, the evolving role of deposit insurers in resolution, and insights gained from the 2023 banking turmoil.
- The updated Core Principles highlight the importance of stronger collaboration with other financial safety net functions, such as resolution and supervision, as essential to supporting global financial stability and depositor protection.
The International Association of Deposit Insurers (IADI) has published today the revised Core Principles for Effective Deposit Insurance Systems (IADI Core Principles). These globally recognised standards provide guidance to jurisdictions in designing and operating effective deposit insurance systems.
The revisions reflect structural changes in financial systems, including the growing role of deposit insurers in resolution and digital innovation. They also address insights gained from the banking turmoil in March 2023, which underscored the importance of a coordinated financial safety net, encompassing deposit insurance, resolution and supervision.
The updated Core Principles were developed through a collaborative process led by the IADI Executive Council, starting with the drafting phase by the High-Level Steering Group, chaired by Leah Anderson, former President and CEO of the Canada Deposit Insurance Corporation (CDIC). The process involved extensive contributions from stakeholders, including the International Monetary Fund, World Bank, Basel Committee on Banking Supervision and Financial Stability Board, to ensure alignment with international standards.
A consultative document was published in May 2025 and used for pilot testing in Brazil, Kenya and the Philippines to validate the standard’s applicability across diverse mandates and jurisdictions. The revised Core Principles published today address comments from the public consultation and pilot testing.
Alejandro López, IADI President and Chair of the IADI Executive Council, stated: “The revised Core Principles are the result of a collaborative effort involving contributions from IADI Members and stakeholders worldwide. This process has ensured that the updated framework reflects the latest developments in deposit insurance and provides jurisdictions with practical tools to strengthen financial stability and depositor protection. IADI’s role as a global standard-setter remains central to supporting effective deposit insurance systems and advancing global financial stability.”
The revised Core Principles are available on the IADI website.
Notes to Editors
The International Association of Deposit Insurers (IADI) is the global standard-setter for deposit insurance systems, dedicated to strengthening these systems worldwide and promoting financial stability. It currently has 107 deposit insurers as Members, covering 115 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.