The International Association of Deposit Insurers (IADI) has published a revised set of Core Principles for Effective Deposit Insurance Systems, updating the globally recognised standards last revised in 2014. The changes aim to reflect structural shifts in financial systems, the expanding role of deposit insurers in resolution, and lessons from the March 2023 banking turmoil, with a stronger focus on coordination across the financial safety net. The revised Core Principles emphasise closer collaboration between deposit insurance, resolution and supervision functions to support depositor protection and financial stability. The update was developed through an IADI Executive Council-led process, with drafting by a High-Level Steering Group chaired by Leah Anderson, and input from stakeholders including the International Monetary Fund, World Bank, Basel Committee on Banking Supervision and Financial Stability Board. A consultative document issued in May 2025 was followed by pilot testing in Brazil, Kenya and the Philippines, and the final text incorporates feedback from the public consultation and the pilots.
International Association of Deposit Insurers 2025-11-28
International Association of Deposit Insurers publishes revised Core Principles for Effective Deposit Insurance Systems
The International Association of Deposit Insurers (IADI) updated its Core Principles for Effective Deposit Insurance Systems, reflecting changes in financial systems and lessons from the March 2023 banking turmoil. The revised principles emphasize enhanced coordination among deposit insurance, resolution, and supervision functions to bolster depositor protection and financial stability. Developed by an IADI Executive Council-led process, the update incorporated feedback from stakeholders and pilot testing in Brazil, Kenya, and the Philippines.