CDIC Executive Vice President (EVP) William Su led a delegation to attend the International Association of Deposit Insurers (IADI) meetings of the 48th Executive Council (EXCO), the Governance Working Group, the Membership and Communication Committee, the Training and Conference Committee, the Research and Guidance Committee, and the Asia-Pacific Regional Committee held in Paris, France in Late May.
During the meetings, IADI's business matters together with three major issues on IADI organizational governance, optional fee structure, and technical assistance were discussed. Meanwhile, the Handbook for Assessment of Compliance with the Core Principles for Effective Deposit Insurance Systems was also ratified by the EXCO and officially made public. Moreover, the IADI announced Mr. David Walker from Canada Deposit Insurance Corporation to succeed Ms. Gail Verley as Secretary General of IADI, effective 01 October 2016 for a four–year term.
In addition, the delegates also attended the International IADI Europe Regional Committee Conference on Diversity and Harmonization of Deposit Insurance. Ms. Yvonne Fan, Director of the International Relations and Research Office of CDIC, was invited to be the moderator of Panel D: Crossing Borders: Guidelines and Experience to date with cross border resolutions and payouts.