CDIC President Howard N. H. Wang led a team of delegates to attend the 8th Asia Regional Committee (ARC) Annual Meeting and the International Conference of the International Association of Deposit Insurers (IADI) hosted by the Deposit Insurance and Credit Guarantee Corporation (DICGC) in Goa, India from January 18 to 20, 2010. There were around 80 participants from deposit insurers or financial supervisory agencies of 18 countries.
The ARC Annual Meeting covered the issues including recent developments of IADI, ARC activities after the 7th ARC Meeting, country reports by ARC members and strategic direction of ARC for next 3/5 years. The theme of this Conference was entitled “Funding of Deposit Insurance Systems.” The conference covered four sessions and mainly focused on IADI's Core Principles, Guidance Paper on Funding of Deposit Insurance Systems, research paper on Funding Mechanism of Deposit Insurance Systems in Asia, as well as the country experience in some Asia countries and CDIC
President Wang was invited by the DICGC to be a speaker in Session 3 and to share the results and findings of the research project on Funding Mechanism of Deposit Insurance Systems in Asia chaired by CDIC (Taiwan). The meeting and conference ended successfully with good feedback from all participants and audience.