Page 5 - CDIC Company Profile Ebook
P. 5
19
1980s
8
s
0
The CDIC was newly established. It worked hard
to familiarize the public with the concept of deposit
insurance, and broke important new ground in a
collaborative effort to build a financial safety net.
19 9 0 s
1990s
Now up and running, made improvements, won
strong recognition throughout the financial industry,
switched to mandatory participation in the deposit
insurance system, and drew up plans for financial
reforms.
2
s
2000s
000
Actively promoted international exchange, learned
from the best practices in the world, and set up a
resolution mechanism for troubled insured
institutions.
2 0 10 s
2010s
Sped up accumulation of the Deposit Insurance
Fund and laid the groundwork for further
development of a robust financial system.
s
2020
2020s
Continues to advance with the times. It is preparing
in advance for a wide range of contingencies, and is
building new risk control and supervisory systems for
the "new normal."
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