Representing the Central Deposit Insurance Corporation (CDIC), Mr. Lawrence L.C. Pan, Executive Vice President, and Mr. William Su, Director of Risk Management Department, attended a conference of the Middle East and North Africa (MENA) Region of the International Association of Deposit Insurance (IADI), entitled “The Deposit Insurance conference in the MENA Region: Enhancing Confidence” hosted by the Jordan Deposit Insurance Corporation in Amman, Jordan from 18-20 November 2009.
The conference addressed important issues that all deposit insurance practitioners are deeply concerned with today, including the impact of the global financial crisis, funding sufficiency and coverage limits, risk based premiums, transitioning from a blanket coverage to a limited coverage system, Islamic deposit insurance, governance, mandates and responsibilities of deposit insurance systems.
During the conference, the CDIC delegation exchanged information and opinions with conferees from around the world on issues of concern to Taiwan's financial supervisory system and deposit insurance mechanism.