1. Symposium on Cross-Border Deposit Insurance Issues Symposium on Cross-Border Deposit Insurance Issues Presentation at the Bank for International Settlements 3 May 2007 Presentation at the Bank for International Settlements 3 May 2007 J R LaBrosse 3 May 2007

2. What is a Symposium? 3 May 2007

3. Symposium on DI Cross-Border Issues Why is there a need for a Symposium on DI Cross-Border Issues? 3 May 2007 Rapidly growing cross- border banking activities National financial safety net functions: eg. DI, regulation, etc. A need for establishing cross-border coordination mechanisms among financial safety net players Potential for financial instability

4. Symposium on DI Cross-Border Issues Ex-ante and Ex-post Burden Sharing Information Sharing among Foreign and Domestic Safety Net Players Cross-Border Failure Resolution Concerns re: Cross-Border Provision of Deposit Insurance 3 May 2007

5. Symposium on DI Cross-Border Issues Membership - Domestic branches/subsidiaries of foreign banks - Foreign branches/subsidiaries of domestic banks - Equal treatment - Reciprocity (mutual recognition) - Prerequisite bilateral agreement to be a member Insurance Coverage - Insured depositors (residents, foreign depositors) - Denomination of deposits - Equal treatment Assessment of Insurance Premiums - Equal treatment in assessment rates - Equal treatment in applying risk-adjusted assessment criteria How to Allocate the Costs of Cross-Border Insolvency Ex-ante and Ex-post Burden Sharing 3 May 2007

6. Symposium on DI Cross-Border Issues Formal or informal information sharing mechanism Ex-ante or ex-post information sharing arrangements Limits of information sharing arrangements Information Sharing among SNPs 3 May 2007 Rule-based or statutory trigger mechanisms for early intervention into problem banks Potential conflicts due to different incentive structure of home/host SNPs Cross-border asset recoveries Cross-Border Insolvency Resolution

7. Symposium on Cross-Border DI Issues Panel 1: Setting out the Issues (9:10 am) Panel 2: Lessons Learned from the BCCI Case (10:45 am) Group Photo at 12:15 Panel 3: Burden Sharing (1:45 pm) Workshop 4a: Towards a Model Agreement on Cross-Border Cooperation (3:15 pm) Workshop 4b: Public Awareness and Consumer Protection (3:15 pm) Workshop 4c: Resolution Implementation (3:15 pm) Plenary: Reports and Next Steps (4:30 pm) IADI ’ s Fifth Anniversary Celebration (6:30 pm) Outline of the Program 3 May 2007