Fact sheet - International Association of Deposit Insurers

The objectives of the Association are to contribute to the stability of financial systems by promoting international cooperation in the field of deposit insurance and to encourage wide international contact among deposit insurers and other interested parties. In particular, the Association aims to:

• enhance the understanding of common interests and issues related to deposit insurance;
• set out guidance to enhance the effectiveness of deposit insurance systems, with such guidance taking into account different circumstances, settings and structures;
• facilitate the sharing and exchange of expertise on deposit insurance issues through training, development and educational programmes, and
• provide advice on the establishment or enhancement of effective deposit insurance systems.

Membership

Members are entities that, under law or agreements, provide deposit insurance, depositor protection or deposit guarantee arrangements as set out in the Association's Statutes.

In addition, the Association welcomes:

• Associates: entities that do not fulfil all the criteria of Members, but who are considering the establishment of a deposit insurance system or other entities that are part of a financial safety net and have a direct interest in the effectiveness of a deposit insurance system;
• Observers: other interested parties such as international organisations, financial institutions or professional firms;
• Partners: entities that enter into cooperative arrangements with the Association in the pursuit and furtherance of the Objects of the Association.

Currently, 50 organisations worldwide participate in IADI.

Governance

The governing bodies of the IADI are the General Meeting of Members and the Executive Council. The Executive Council governs the business and affairs of the IADI. A Conference is held on an annual basis. Furthermore, in 2004, regional conferences have been organised in Kyoto, Kiev, Abuja, and Mexico City.

Chair of the Executive Council and President of the Association

Jean Pierre Sabourin, President and Chief Executive Officer of the Canada Deposit Insurance Corporation.

Secretariat

John Raymond LaBrosse is the Secretary General. The Head Office, located at the BIS, is staffed by the Deputy Secretary General, Kim Utnegaard.

Standing committees

• Training and Conference Committee
• Research and Guidance Committee ,
  
  subcommittee “Resolutions of failed banks” and
  
  subcommittee “Relationships with other safety net players”
• Membership and Communications Committee
• Finance and Planning Committee
• Governance Committee
• Audit Committee
• Regional Committees for Africa, Asia, Eurasia, the Caribbean and Latin America

In 2004, the IADI issued two guidance papers, on Deposit Insurance Systems Design and Differential Premium Systems.

Website: IADI’s website www.iadi.org contains guidance papers, annual and regional conference information, member profiles and newsletters, as well as training catalogues.

IADI’s participating organisations have access to a “Members Only” site.

Further information

Further information can be found at http://www.iadi.org or by contacting:

International Association of Deposit Insurers

c/o Bank for International Settlements

Centralbahnplatz 2

CH 4002 Basel, Switzerland

Tel: +1 613 947 0270 or +41 61 280 9933

E-mail: info@iadi.org