Methodology for the Assessment of Compliance with the "Core Principles for Effective Deposit Insurance Systems" of the International Association of Deposit Insurers (IADI)
On Monday May 21st, 2012 the dissertation on the Methodology for the Assessment of Compliance with the "Core Principles for Effective Deposit Insurance System" of the International Association of Deposit Insurers (IADI), took place in Bosch Room located in the main building of the Banco Central de la República Argentina.
The aim of the event was to provide participants with general notions about the "Core Principles" developed by the IADI and the application of the methodology for conducting the assessment of compliance of these principles.
The "Core Principles for Effective Deposit Insurance System" is a voluntary scheme to achieve efficiency on deposit insurance: they have been designed to suit a wide range of country circumstances, settings and structures.
The document containing these principles was published in June 2009 as a result of efforts made by the International Association of Deposit Insurers (IADI), which begun after considerations noted on this regard by the Basel Committee on Banking Supervision (BCBS).
With this premise, IADI previously researched publications and documents, as well as surveyed the experience of the members of the Association and the guidelines previously developed by other organizations such as the Financial Stability Forum, and in June 2009 released the final version of the document.
Compliance with the provisions of the Core Principles contributes to financial stability and depositor protection increases.
The presentation of Dr. Deshpande is focused on the definition of key terms and concepts relating to these principles, the analysis of the cases where it has been recently applied this methodology and the importance of coordination of the members of the financial safety net.
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