Abstract
The DIS’s mandate and powers define its main features, enabling countless design options. When developing a new DIS or when restructuring the existing DIS, authorities study international standards and guidelines addressed in the Core Principles for Effective Deposit Insurance Systems (Core Principles) and decide on each component of the DIS.
This chapter explores DIS’s possible legal structure, institutional setup and governance issues, public policy objectives, how to decide on the coverage level and the coverage scope, typical sources of the DIS’s funding, formalized information exchange with other safety-net authorities, time frame and procedures for payout, minimum functions, staffing and internal organization, accounting and reporting requirements and other policy considerations on individual DIS’s features. It also discusses how to ensure and implement maximum level of compliance with the Core Principles and best practices.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsBibliography
Bartiloro, Laura. 2011. Is Your Money Safe? What Italians Know About Deposit Insurance. Occassional Paper, Banca d’Italia, Occassional Papers no 104.
CDIC. 2016. http://www.cdic.ca/en/about-cdic/Pages/default.aspx. Accessed 2016.
Demirguc-Kunt, Asli, and Enrica Detragiache. 2000. Does Deposit Insurance Increase Banking System Stability? An Empirical Investigation. The World Bank.
Demirguc-Kunt, Asli, Edward Kane, and Luc Laeven. 2014. Deposit Insurance Database. http://siteresources.worldbank.org/INTRES/Resources/469232-1107449512766/Deposit_insurance_database_preWP.pdf. Accessed 2016.
Directive. 1994. Directive 94/19/EC on Deposit Guarantee Schemes. Official Journal L 135: 0005–0014. 31/05/1994.
Directive 2014/49/EU. 2014. Directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on Deposit Guarantee Schemes. http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014L0049. Accessed 2016.
FDIC. 2016. https://www.fdic.gov/about/learn/symbol/index.html. Accessed 2016.
FSB. 2012. Thematic Review on Deposit Insurance Systems, Peer Review Report. Financial Stability Board.
Garcia, Gillian G.H. 1999. Deposit Insurance: A Survey of Actual and Best Practices. WP/99/54. Washington, DC: IMF.
IADI. 2009. Guidance Paper: Governance of Deposit Insurance Systems. Basel. IADI.
———. 2014. The Revised Core Principles for Effective Deposit Insurance Systems. Basel. IADI.
———. 2016. A Handbook for the Assessment of Compliance with the Core Principles for Effective Deposit Insurance Systems. Basel. IADI.
JRC. 2010. JRC Report under Article 12 of Directive 94/19/EC as Amended by Directive 2009/14/EC; Annex 1. European Commission.
KDIC. 2016. http://www.kdic.or.kr/english/major/sub1.jsp. Accessed 2016.
Zilinskas, R., and L. Gazauskas. 2015. The Investment Policy of Deposit Guarantee Funds under Conditions of Limited Domestic Securities Markets. Ekonomika Vol. 94(1): 137–138.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2017 The Author(s)
About this chapter
Cite this chapter
Ognjenovic, D. (2017). Key Design Features of an Explicit DIS. In: Deposit Insurance Schemes. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-51143-6_2
Download citation
DOI: https://doi.org/10.1007/978-3-319-51143-6_2
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-51142-9
Online ISBN: 978-3-319-51143-6
eBook Packages: Economics and FinanceEconomics and Finance (R0)