IADI consults on revisions to core principles

The International Association of Deposit Insurers today opened a public consultation on proposed revisions to the IADI Core Principles for Effective Deposit Insurance Systems.

The principles are globally recognised standards. They serve as a benchmark for jurisdictions to evaluate the effectiveness of their deposit insurance systems, identify gaps, and implement necessary improvements.

The proposed revisions address structural changes, including digital innovation, the growing role of deposit insurers in resolution, and lessons learned from the banking turmoil in March 2023.

The IADI Executive Council approved the revisions for consultation, following input from key stakeholders, including the International Monetary Fund, World Bank, Basel Committee on Banking Supervision, and Financial Stability Board.

IADI invites feedback on the proposals. Submissions are due by July 14 2025.