Key Design Features of an Explicit DIS
Djurdjica Ognjenovic
Chapter 2 in Deposit Insurance Schemes, 2017, pp 49-104 from Palgrave Macmillan
Abstract:
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.
Keywords: Core Principles; Best practices; DIS’s key features; Coverage level (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-319-51143-6_2
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DOI: 10.1007/978-3-319-51143-6_2
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