Volume II - PDF - International Association of Deposit Insurers

•BACKGROUND DOCUMENTS•
Part I: Research
Introduction
The FSF was created in 1999 to promote international financial stability, to improve the functioning of
markets, and to reduce systemic risk. In recognition of the increasing use of deposit insurance as an integral
component of an effective financial safety net, the Chairman of the FSF invited Mr. Jean Pierre Sabourin,
President and Chief Executive Officer, Canada Deposit Insurance Corporation, to constitute a Working
Group on Deposit Insurance (“the Working Group”) to develop guidance and to deliver a final report to
the FSF by September 2001.
The mandate of the Working Group was to develop guidance on sound deposit insurance arrangements for
countries considering the adoption of a deposit insurance system or the reform of an existing one. The
mandate also specified that such guidance should be developed through a consultative process that included
countries interested in deposit insurance issues. The guidance developed by the Working Group is reflective
of, and adaptable to, a broad set of circumstances, settings and structures.
In fulfilling its mandate the Working Group engaged in a wide range of activities. These activities included:
the publication of a series of business plans and sixteen discussion papers on specific issues, outreach sessions,
seminars, conferences, utilisation of a Web site to solicit feedback and share knowledge, and the production
of the FSF Report Guidance for Developing Effective Deposit Insurance Systems. The Working Group
met with over 400 people from 119 countries who have been kept fully informed about the development
of the guidance topics.
This “volume” provides a comprehensive package of the documents produced by the Working Group as
well as information on the process used. The Working Group’s discussion papers explore specific deposit
insurance topics in greater detail than what is found in the FSF Report. As well, this document includes a
copy of the research plan, the agendas that were used for the outreach sessions, seminars and conferences,
lists of participants at these various sessions and a list of individuals who provided feedback on the discussion
papers and the draft report. The contributions and comments from interested parties around the
world provided helpful information and perspectives to the members of the Working Group and contributed
to the comprehensiveness of the process and the FSF Report.
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Guidance for Developing Effective Deposit Insurance Systems: Volume II