As developments in cross-Strait financial markets present new opportunities and the current policy of full deposit insurance coverage draws to a close at the end of this year, in order that local financial institutions can become fully aware of current trends in risk management and further strengthen their competitive advantage, the Central Deposit Insurance Corporation (hereafter referred to as CDIC) and the Economic Daily News jointly organized the “International Seminar on Risk Management Trends and Challenges Facing the Banking Industry Following the Post Financial Crisis” that was held on September 14-15, 2010 at the Taipei International Convention Center, Room 201 (2nd floor, No. 1, Hsinyi Road, Section 5, Taipei). In the post-financial crisis era, the transitionally strong recovery measures adopted as well as the mechanisms introduced by each country during the global financial crisis to stabilize financial conditions have now been gradually withdrawn. In addition to the upcoming termination of full deposit insurance coverage extended to depositors in Taiwan at the end of this year, Taiwan faces new opportunities brought about by a cross-Strait memorandum of understanding and the signing of an Economic Cooperation Framework Agreement (ECFA), each of which will present Taiwan’s financial system with new challenges. In line with government decrees, the CDIC has advocated a balanced approach toward the development of the business of financial institutions as well as attitudes to risk management. In addition, as it reaches the 25th anniversary of its establishment, it has especially hosted this International Seminar in order to examine and discuss three major issues. These issues include the measures being adopted to respond to the return to limited deposit insurance coverage following a period of full coverage, the management of risk as Taiwan’s banks increase their presence in the Mainland Chinese market, and trends in risk management in the banking industry following the financial crisis. These topics are helpful in guiding our financial institutions from an international perspective as we draw on the actual experiences of representatives of industry, government, and academia in grasping the future trends in market development. Those invited to attend this Seminar and deliver remarks included Vice Premier of the Executive Yuan Sean C. Chen, Minister of Finance Sush-Der Lee and Financial Supervisory Commission Vice Chairperson Jih-Chu Lee. In addition, many internationally renowned financial experts, representatives and academics from the International Association of Deposit Insurers, the Federal Deposit Insurance Corporation, the Malaysia Deposit Insurance Corporation, the Deposit Insurance of Vietnam, the Asia-Pacific Region of HSBC Bank and China were also invited to present the lectures. Furthermore, many local financial experts and scholars were invited to chair the meetings and serve as discussants, and to share views on risk management and on the future development trends facing banks. This Seminar was organized under the guidance of the Ministry of Finance and the Seminar participants included the Financial Supervisory Commission of the Executive Yuan, the Central Bank of China(Taiwan), the Council for Economic Planning and Development and the Council of Agriculture, as well as high-ranking officials representing banks, credit cooperatives and farmers’ and fishermen’s associations. A total of 350 participants attended in the Seminar. In addition, before the end of each session of this Seminar time was set aside for Questions and Answers. Every participant thus had the opportunity to exchange opinions with the speakers, and a lively debate ensued. The CDIC hopes that through this Seminar the risk management awareness of domestic financial institutions can be strengthened, in order that the policy objectives of safeguarding the rights and interests of depositors and of maintaining financial order can be achieved.