Jan 20, 2012 10.30.31

The DGS of the Bailiwick of Jersey has become a new EFDI Member. As of January 2012, the Members of EFDI are 57 representing 44 countries.

Dec 2, 2011 14.41.36

EFDI ICS Working Group: Helsinki, Finland, 12-13 December 2011

Dec 2, 2011 14.41.06

EFDI – DIA Bosnia and Herzegovina Conference: Sarajevo, Bosnia and Herzegovina, 7–9 December 2011 “Financial Stability in South-Eastern Europe: Impact of the Core Principles For Effective Deposit Insurance Systems and the new EU Directive on Deposit Guarantee Schemes”

Nov 16, 2011 10.19.19

The DGS of the Republic of San Marino has become a new EFDI Member. As of November 2011, the Members of EFDI are 56 representing 43 countries.

Oct 24, 2011 15.38.01

NEWS FROM SPAIN: On 15 October 2011 came into force Royal Decree-law 16/2011, of 14th October, setting up the Deposit Guarantee Fund of Credit Institutions (in Spanish “Fondo de Garantía de Depósitos de Entidades de Crédito”). The objective of the new Fund is, as before, to guarantee deposits held by credit institutions, up to the limit of 100.000 Euros, and to carry out any such actions as it considers necessary to reinforce the solvency and functioning of credit institutions. Royal Decree-law 16/2011 also declares the dissolution of the former three Spanish Deposit Guarantee Funds (for Banking Institutions, Savings Banks and Credit Cooperative Banks, respectively in Spanish “Fondo de Garantía de Depósitos en Establecimientos Bancarios”, “Fondo de Garantía de Depósitos en Cajas de Ahorro”, and “Fondo de Garantía de Depósitos en Cooperativas de Crédito”), whose assets shall be integrated into the new Fund which shall subrogate their rights and obligations.