CDIC Hosts IADI Conference on Cross-Border Resolution

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwire) -- 02/08/13 -- Canada Deposit Insurance Corporation (CDIC) was pleased to host an International Association of Deposit Insurers (IADI) conference on cross-border resolution in Ottawa, February 6.

IADI members from over 30 different countries met to discuss progress in their planning for large bank failures and to promote cross-border cooperation in the resolution of these complex financial institutions.

"We all learned a great deal from each other's experience," said Michele Bourque, CDIC President and CEO, who also chairs the IADI Regional Committee of North America. "Strategies of resolution have evolved with time and from the hard-won experience from around the world, and this will inform our complex resolution planning."

A multimedia presentation on the events will be available at in the coming weeks.

CDIC is a federal Crown corporation that provides deposit insurance against the loss of eligible deposits with its member institutions in the event of their failure. Eligible deposits are automatically covered to a limit of $100,000 per insured category at each member institution. CDIC members include most Canadian chartered banks, loan and trust companies, federally-regulated credit unions as well as associations governed by the Cooperative Credit Associations Act. CDIC is entirely funded by premiums assessed on its member institutions and does not receive public funds.



Contacts:
Brad Evenson
Director, Communications and Public Affairs
Canada Deposit Insurance Corporation
613.943.4395

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: MARKETWIRE
Datum: 08.02.2013 - 16:36 Uhr
Sprache: Deutsch
News-ID 227770
Anzahl Zeichen: 0

contact information:
Town:

OTTAWA, ONTARIO

Kategorie:

Insurance

Diese Pressemitteilung wurde bisher 345 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"CDIC Hosts IADI Conference on Cross-Border Resolution"
steht unter der journalistisch-redaktionellen Verantwortung von

Canada Deposit Insurance Corporation (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

CDIC is formally designated as Canada's resolution authority ...

OTTAWA, ONTARIO -- (Marketwired) -- 06/23/17 -- The Canada Deposit Insurance Corporation (CDIC) today welcomed changes to its mandate, which now formally designates CDIC as the resolution authority for Canada's largest banks.The designation rec ...

CDIC welcomes Budget 2017 measures to protect financial stability ...

OTTAWA, ONTARIO -- (Marketwired) -- 03/24/17 -- The Canada Deposit Insurance Corporation (CDIC) welcomes measures in Budget 2017, Building a Strong Middle Class that promote financial stability by strengthening Canada's deposit protection and ...

President of CDIC Discusses Deposit Protection with Canadians ...

TORONTO, ONTARIO -- (Marketwired) -- 02/08/17 -- As part of the celebration of the Canada Deposit Insurance Corporation's (CDIC) 50th anniversary year, Michele Bourque, President and CEO of CDIC, held a roundtable discussion with Canadians to ...

Alle Meldungen von Canada Deposit Insurance Corporation