“First Americas’ Deposit Insurance Forum”
Hosted by SEDESA (Argentina). Jointly organized by the Regional Committees of the Caribbean (CRC), Latin America (LARC) and North America (RCNA) from the International Association of Deposit Insurers (IADI).
"Global Trends in Deposit Insurance Schemes"
Gail Verley, IADI Secretary General
Regional Chairpersons' addresses
Session 1A: Financial cooperatives
This session is dedicated to the presentation of recent findings in the area of cooperatives and their specific role in the financial system.
This session is an opportunity for exchanging views, generating interaction, answering questions and receiving comments on topics related to the resolution of Financial Cooperatives, notably about the resolution experiences and tools used by the participants, the challenges in terms of resolution funding, the demutualization of Financial Cooperatives and the main governance issues.
The interaction among participants on those topics is important and will be helpful for the drafting of the first research paper of the IADI Subcommittee on Resolution Issues for Financial Cooperatives.
The leader of this session is Julien Reid, Senior Director - Financial Institutions Oversight, Resolution and Deposit Insurance / Autorité des marchés financiers
"The Key Attributes & the Swiss experience: design and implementation for effective resolution regimes"
Patrick Loeb, CEO ‐ esisuisse and Vice Chairman European Forum of Deposit Insurers
Session 1B: Legal liability issues in resolution
The leaders of this session are: Claudia Morrow - Chief, Office of the President (CDIC) and Fred Carns Director, Office of International Affairs (FDIC).
This session will review the merits of legal protection for DI directors, officers and employees and how this could be achieved in the participant’s jurisdictions (if not already in place) with each participant being asked to discuss how legal protection could be achieved in their jurisdictions.
Legal liability will be discussed in the context of the IADI Core Principles for Effective Deposit Insurance Systems – particularly CP 11 on Legal Protection.
Legal liability specific to resolution will also be briefly discussed including bridge bank and conservatorships.
Participants will be asked to reflect on questions provided ahead of the session and form small working groups to discuss and debate key elements of legal protection.
Special Panel - Keynote Speakers
- Rodolfo A. Santángelo, Chairman of the Board of Directors ‐ SEDESA
- Thomas Hoenig, President of IADI, Vicechairman of FDIC
- David Parker, Senior Financial Sector Expert, International Monetary Fund
- Fabian Zampone, Superintendent of Financial and Exchange Institutions of Argentina
Session 2: Relationships with supervisors and other safety net players
This session will focus on the formal and comprehensive frameworks that provide the coordination for information sharing, as well as the duties and responsibilities of deposit insurer agencies within the financial safety network. the leaders of this session would like participants to reflect upon the greatest challenges to their mandate particularly those related to collaboration with other safety net players.
Session 3: Loss minimization & valuation of assets
The content provided will analyze the valuation issues and assessment of resolution options to achieve loss minimization.
Loss minimization in resolution is obtained via a combination of mechanisms; including sound prudential regulation and supervision, prompt corrective actions and early intervention. Once a bank is in resolution, one of the most important aspects is the ability to efficiently maximize the value of assets via their management and recovery. This session will provide insights on these issues and discussion as to how this goal can be achieved.
Other documents that may be helpful: