CDIC President Howard N. H. Wang led a team of delegates to attend the 10th Asia-Pacific Regional Committee (APRC) Annual Meeting and the International Conference of the International Association of Deposit Insurers (IADI) hosted by the Deposit Insurance Agency (DIA, Russia) in Moscow, Russia in early – June 2012. There were around 80 participants from deposit insurers or financial supervisory agencies of 25 countries.
The APRC Annual Meeting covered the issues including recent developments of IADI, economic and financial status of APRC members, outreach projects and the information sharing mechanism. The theme of the conference was entitled“Bank Resolution and Public Awareness on Deposit Insurance.”The conference included four sessions and mainly focused on resolution of failing banks, systemically important financial institutions, public awareness and role of deposit insurers in promoting financial literacy.
President Wang was invited by DIA to be a speaker in Session I, sharing Taiwan's experience in purchase and assumption transactions. The meeting and conference ended successfully with good feedback from all participants and audience.