Page 20 - CDIC Company Profile Ebook

Direction of Future

Development

Sustainable development Deposit insurance

In order to respond actively to current conditions and future changes
in the financial industry, the CDIC has formulated a future business development
plan. The plan is designed to achieve the following objectives:

1. Accelerate accumulation of the deposit insurance payout special
reserves in order to reach the statutory target ratios as quickly as
possible and bolster the CDIC’s risk-bearing capacity.
2. Continue supporting the competent authority's supervisory policies by
taking part in the matters of the financial safety net, thus increasing the
effectiveness of financial supervision.

3. Handle the tasks entrusted by the competent authority in order to spur
safe and sound development of the financial industry, and to help
maintain financial stability.
4. Make active use of diverse channels to familiarize ordinary depositors with
deposit insurance policies in order to strengthen public awareness
and trust in deposit insurance.
5. Enhance management of insured risks and strengthen the resolution
mechanism of troubled insured institutions, thus preventing the
occurrence of insured incidents.

6. Resolve troubled insured institutions in an effective and timely manner
in order to reduce resolution costs, protect the depositors’ interests, and
maintain financial stability.
7. Continue participating in international cooperation and exchange in
order to enhance the functions of Taiwan's deposit insurance system
and align more closely with international practices.

8. Support financial supervisory policies and business development needs
by acting in a timely manner to adjust organizational structure and staffing,
and by enhancing the professional capacity of the CDIC personnel.

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