Consultation document launched on insuring bank deposits
The Basel Committee on Banking Supervision and the International Association of Deposit Insurers (IADI) are seeking views on how deposit insurance would work after the recent banking crisis
Issues covered include:
- Deposit insurance coverage
- Funding
- Prompt reimbursement
- Public awareness
- Resolution of failed institutions
- Cooperation with other safety net participants including central banks and supervisors.
Martin Gruenberg, Chairman of IADI and member of the Basel Committee, said: "The core principles are the product of a cooperative effort between the Basel Committee and IADI to respond to one of the lessons of the financial crisis: the need for effective systems of deposit insurance to help maintain public confidence. They set an important benchmark for countries to use in establishing or reforming deposit insurance systems."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
