Page 8 - CDIC Company Profile Ebook

Organizational Structure

Specialization Inter-departmental cooperation

The CDIC was established with joint funding from the MOF and the Central Bank of the R.O.C.
(Taiwan) in accordance with the Deposit Insurance Act. In 2011, the MOF transferred management
of its share rights to the Financial Supervisory Commission (FSC) under the Executive Yuan.
The members of the CDIC board of directors and supervisors are separately appointed by the FSC
and the Central Bank of the R.O.C. (Taiwan). The chairman is nominated by the FSC and appointed
after approval by the Executive Yuan. The CDIC also has one president and three executive vice
presidents, under which are 13 departments with duties detailed below :
Department of Business Department of Risk Management
Handles matters related to the planning and research Handles matters related to the National Financial
of deposit insurance, coverage limits, and risk-based Early-warning System, management of insured risk,
premiums, fund investment and management, funding for off-site monitoring of insured institutions, guidance or
insured institutions and bridge banks, and public awareness superintendence of troubled insured institutions, issuance
activities of deposit insurance. of warnings of termination of the deposit insurance
agreement, termination of deposit insurance agreements,
Department of Resolution and assistance in handling bank runs.
Handles matters related to strategic planning of Department of Special Inspection
conservatorship or resolution of troubled insured Handles matters related to inspections of deposit
institutions, provision of financial assistance, depositor insurance applications by financial institutions, the accuracy
payout, advance payment to uninsured creditors, of the deposit assessment base, the content of electronic
liquidation of failed institutions, and the establishment, data files of insured institutions, the risk indicators of
operation, management, and disposition of bridge banks. Risk-based Premium Rating System, and assets and
liabilities of insured institutions prior to termination of
Department of Legal Affairs deposit insurance agreements or fulfillment of insurance
Handles matters related to contracts, litigation, responsibilities. Also handles matters related to internal
research of laws and regulations related to deposit controls and internal audits.
insurance, civil litigation against the illegal acts of
employees of troubled insured institutions, and inspects International Relations and Research Office
evidence needed to pursue civil damages, and handles Handles matters pertaining to international affairs
other legal matters. and activities related to the IADI, research on deposit
insurance and financial safety net issues, and public
Department of Information Technology awareness activities to other jurisdictions.
Handles matters related to planning, design,
implementation, and management of information systems Department of Accounting
as well as control, protection, and monitoring of information Handles matters related to annual budgeting,
security matters. accounting, statistics, and auditing.

Secretariat Central Taiwan Regional Office
Handles matters related to secretarial matters, Handles matters related to the collection, processing,
documentation, procurement, cashier affairs, property analysis and monitoring of operational information,
provision of guidance, carrying out inspections of insured
management, publication management, public relations, institutions, as well as assistance with handling of bank
meeting logistics, and other general affairs. runs, conservatorship and deposit insurance payout of
insured institutions in the area from Taichung to Chiayi.
Personnel Office
Handles matters related to personnel management Southern Taiwan Regional Office
and training. Handles matters related to the collection, processing,
analysis and monitoring of operational information,
Civil Service Ethics Office provision of guidance, carrying out inspections of insured
institutions, as well as assistance with handling of bank
Handles matters related to ethics of the government runs, conservatorship and deposit insurance payout of
official and employees. insured institutions in the area from Tainan to Taitung.
08 <<<< Central Deposit Insurance Corporation