Basel, IADI issue deposit insurance guidelines

The Basel Committee on Banking Supervision and the International Association of Deposit Insurers (IADI) on Thursday published the final version of their global guidelines for deposit guarantee systems.

The guidelines touch on deposit insurance coverage, funding and prompt reimbursement. They also cover issues related to public awareness, resolution of failed institutions and cooperation with other safety net participants, including central banks and supervisors.

Martin Gruenberg, the

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