Core principles for effective deposit insurance systems - consultative document

March 2009

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.