The Central Deposit Insurance Corporation of Taiwan (CDIC) and the Deposit Protection of Swiss Banks and Securities Dealers (esisuisse) had signed a Memorandum of Understanding (MOU) in Taipei on November 12, 2012, to formally establish cooperative relations. To facilitate further cooperation on the resolutions of problem insured institutions, the CDIC President Mr. Michael M. K. Lin and the esisuisse CEO Mr. Patrick Loeb represented their respective organizations in signing another MOU in Taipei on February 10, 2017. Based on the MOU, the two organizations’ close cooperative relations will be deepened and the foundations for exchange and sharing of information, personnel, professional skills, and experiences will also be strengthened, thereby enhancing the policy functions of protecting depositors’ rights and interests and maintaining the stability of financial systems.
The signing ceremony was presided over by the CDIC Chairman Dr. Paul C.D. Lei. In attendance at the signing ceremony, Ms. Li-Chuan Wang, Director General of Banking Bureau of the Financial Supervisory Commission was specially invited to deliver an outstanding address. Around 90 participants attended the ceremony. Representatives from both the CDIC and the esisuisse, shared experiences on the development of the deposit insurance systems in their respective countries and outlined their visions for cooperation in the future.
Photo of esisuisse Chief Executive Officer Mr. Patrick Loeb (right) and CDIC President Mr. Michael M. K. Lin (left) on February 10, 2017.
Group photo of esisuisse Chief Executive Officer Mr. Patrick Loeb (2nd from the left) together with Director General of Banking Bureau of Financial Supervisory Commission Ms. Li-Chuan Wang (1st from the right), CDIC Chairman Dr. Paul C.D. Lei (2nd from the right) and President Mr. Michael M. K. Lin (1st from the left).
Group photo of esisuisse Chief Executive Officer Mr. Patrick Loeb (4th from the left) together with Director General of Banking Bureau of Financial Supervisory Commission Ms. Li-Chuan Wang (3th from the right), Deputy Director General of Department of Financial Inspection of Central Bank Mr. Dou-Ming Su (2nd from the right), CDIC Chairman Dr. Paul C.D. Lei (4th from the right), President Mr. Michael M. K. Lin (3th from the left), Executive Vice Presidents Mr. Robert Chen (1st from the right), Mr. William Su (2nd from the left) and Ms. Anita Chou (1st from the left).