CDIC President Mr. Johnson Chen, accompanied by Executive Vice President Mr. Howard Wang and Deputy Director of International Relations and Research Office Ms. Yvonne Fan, attended the Executive Council related meetings held by International Association of Deposit Insurers (IADI) in Basel, Switzerland, from 12-20 May 2006. These meetings included Executive Council meeting, Governance Committee meeting, Research and Guidance Committee meeting, Asia Regional Committee meeting and etc.
President Mr. Chen, on behalf of CDIC Chairman Mr. Chin-Tsair Tsay, Chair of Research and Guidance Committee of IADI, chaired the Committee meeting and reported the current development as well as 12 ongoing or future research projects. Among them, one research project “Public Awareness” would be chaired by CDIC and the guidance paper was scheduled to be completed in 2007.
Besides, during the Executive Council meeting, President Mr. Chen made a report on Research and Guidance Committee and its Work Plan in 2006-2008. The Plan was approved by the Executive Council. Also, CDIC will assist IADI with the preparation of the 2nd International Deposit Insurance Exhibition to be held in Rio de Janeiro, Brazil, in November 2006.