CDIC Chairman David Sun, accompanied by the CDIC staff, attended the FSI-IADI Seminar on “Bank Resolution and Deposit Insurance Issues” co-hosted by the Financial Stability Institute (FSI) and International Association of Deposit Insurers (IADI) in Basel, Switzerland on 27~29 August 2013. About 90 participants of over 40 countries attended the event including those from International Monetary Fund, Bank for International Settlements, deposit insurance organizations, central banks, and financial supervisory agencies worldwide.
The Seminar covered three main issues including 12 sessions, focusing on the topics of “Emerging issues for resolution regimes and deposit insurers”, “Recovery and resolution plans”, “Cross-border cooperation agreements and challenges”. The CDIC Chairman David Sun was invited to speak at the Asian Resolution Experience session, sharing the Taiwan's experience on bank failure resolution mechanism and challenges. The seminar ended up successfully with valuable feedbacks from the audience. It also facilitated valuable experience and opinion exchange among different countries.