Volume II - PDF - International Association of Deposit Insurers
Volume II - PDF - International Association of Deposit Insurers
Volume II - PDF - International Association of Deposit Insurers
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•BACKGROUND DOCUMENTS•<br />
Part <strong>II</strong>: Outreach<br />
Foreword<br />
A distinguished group <strong>of</strong> deposit insurance practitioners, academics, and bankers came together at the<br />
Federal Reserve Bank <strong>of</strong> Chicago on December 12, 2000 to provide an international perspective on the<br />
design <strong>of</strong> an effective deposit insurance structure. The conference, organized by Douglas D. Evan<strong>of</strong>f,<br />
William C. Hunter, George G. Kaufman, and John Raymond LaBrosse, was sponsored jointly by the Federal<br />
Reserve Bank <strong>of</strong> Chicago and the Financial Stability Forum.<br />
The Financial Stability Forum (FSF) established a Working Group on <strong>Deposit</strong> Insurance (WGDI) that is<br />
charged with setting out guidance on deposit insurance for countries that are considering the initiation or<br />
reform <strong>of</strong> a system <strong>of</strong> depositor protection. The sixteen-member group consists <strong>of</strong> the Chairman, Mr. Jean<br />
Pierre Sabourin, and representatives from 12 member countries (Argentina, Canada, Chile, France,<br />
Germany, Hungary, Italy, Jamaica, Japan, Mexico, the Philippines, and the United States) and from the<br />
Financial Stability Forum, the <strong>International</strong> Monetary Fund and The World Bank. In order to develop<br />
guidance the group has held a number <strong>of</strong> internal meetings and is in the process <strong>of</strong> reaching out, on a<br />
regional basis, to groups <strong>of</strong> deposit insurance practitioners, incipient practitioners, and other interested<br />
parties around the world.<br />
This conference provided an opportunity for academics and practitioners to discuss guidance that will<br />
improve the design <strong>of</strong> new systems <strong>of</strong> deposit protection and the reform <strong>of</strong> existing systems. The dialog was<br />
valuable and will be continued.<br />
The author thanks Pr<strong>of</strong>essors Kaufman, Kroszner, Pennacchi, and Roberts, and Messrs. Andresen, Bliss,<br />
Cailleteau, Diz (for Dr. Jaime), Eisenbeis, Evan<strong>of</strong>f, Hanc, Isoard, and LaBrosse for their comments on a<br />
draft <strong>of</strong> this report, which helped to ensure a faithful reporting <strong>of</strong> the proceedings.<br />
A video recording <strong>of</strong> the conference is available on the worldwide web at http://www.cdic.ca/international/<br />
meetingdocs.cfmId=44&conf=conf. Scroll to the bottom <strong>of</strong> the screen to view the video.<br />
159<br />
Guidance for Developing Effective <strong>Deposit</strong> Insurance Systems: <strong>Volume</strong> <strong>II</strong>
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