Core principles for effective deposit insurance systems - consultative document

The financial crisis has illustrated the importance of effective deposit insurance to help maintain public confidence. This joint Basel Committee/IADI paper provides the core principles for effective deposit insurance systems. The core principles address a range of issues including:

• deposit insurance coverage;
• funding;
• prompt reimbursement;
• public awareness;
• resolution of failed institutions; and
• cooperation with other safety net participants including central banks and supervisors.

The final version of this paper has been released in June 2009.