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BIS and the International Association of Deposit Insurers (IADI) are consulting on the core principles for effective deposit insurance systems. The joint paper provides the core principles for effective deposit insurance systems.
They address a range of issues including deposit insurance coverage, funding and prompt reimbursement. They also address issues related to public awareness, resolution of failed institutions and cooperation with other safety net participants including central banks and supervisors.
Deadline for comments is 15 May 2009.
Core Principles for Effective Deposit Insurance Systems