6 International Standards on Deposit Insurance

Subject(s):

Deposit insurance schemes — Deposit protection schemes — Financial Stability Board (FSB)

An overarching theme in recent discussions of financial regulation has been the desirability of an internationally level playing field. A level playing field aims at ensuring that internationally active financial institutions compete on an equal footing and that the most efficient institutions gain a larger market share. This chapter sets out the international standards and best practices that have been developed in the area of deposit insurance by the European Forum of Deposit Insurers, the International Association of Deposit Insurers, and the Financial Stability Board. It goes on to offer a general overview of the architecture of deposit insurance systems around the globe.