Nearly 200 attendees representing 84 jurisdictions and 110 institutions – including deposit insurance agencies, central banks and supervisory authorities – took part in a conference on bank resolution, crisis management and deposit insurance issues at the Bank for International Settlements (BIS) in Basel, Switzerland, on 8-10 September 2015. The seminar, titled “FSI-IADI Conference on Bank Resolution, Crisis Management and Deposit Insurance,” was jointly organized by the Financial Stability Institute (FSI) and the International Association of Deposit Insurers (IADI).
The conference was opened by Mr. Jerzy Pruski, President of IADI and Chair of its Executive Council and President of the Bank Guarantee Fund, who delivered an address on the topic of the role of the deposit insurance agency (DIA) in collaboration among financial safety net participants. In his presentation Mr. Pruski expounded upon the evolving architecture of the financial safety net and highlighted its expanding competencies and functions. On the basis of the Polish example, he indicated a possible institutional arrangement wherein the DIA is a fully-fledged member of an multi-institutional body with the remit of maintaining financial stability and contributing to macroprudential supervision. Mr. Pruski further pointed out that the DIA possesses unique knowledge on potential financial contagion channels and has a stake in the deployment of the most effective solutions to emergent threats to financial stability. The DIA can therefore contribute vital input into the decision-making process as to selecting the most appropriate tools brought to bear in maintaining domestic financial system stability.
The objective of the conference was to share knowledge, practices and experiences on the current and emerging issues related to bank resolution, crisis management and deposit insurance. Experts from across the globe led discussions focusing on key topics in these areas, including: post-crisis reforms to enhance financial system resilience; identification of emerging banking risks; recovery and resolution planning; effective implementation of resolution regimes; resolution funding; total loss-absorbing capacity and its role in addressing “too-big-to-fail”; deposit insurance premiums schemes for building deposit insurance and resolution funds.