CDIC Executive Vice President (EVP) Yvonne Fan participated in the International Association of Deposit Insurers (IADI) 73rd Executive Council (EXCO) meetings including Core Principles and Research Council Committee (CPRC) and Training and Technical Assistance Council Committee meetings in Basel, Switzerland from 28 to 30 June 2022.
CDIC EVP Fan participated in the 73rd EXCO meetings to discuss various IADI's matters, and chaired the CPRC meeting. During the CPRC meeting, the appointment of the succeeding Chairperson of the Financial Technology Technical Committee was approved. Also, issues on review and update of IADI Core Principles (CPs), thematic assessments of IADI Members’ compliance with the CPs on Organisational Structure and periodical review of the IADI Guidance Papers were discussed.
IADI domiciled at the Bank for International Settlements in Basel, Switzerland was established in May 2002. Currently it has 118 members, including 92 Members, 9 Associates and 17 Partners. Since 2002, CDIC has been actively participating in IADI activities as a founding member of the Association, promoting important IADI activities and joining the decision-making process as a member of the EXCO since 2003, which is responsible for IADI's major policies.