IADI updates Core Principles: IADI has finished updating its Core Principles for Effective Deposit Insurance Systems (Core Principles) and the Compliance Assessment Methodology. It submitted both to FSB on 21 October for inclusion in FSB's Compendium of Key International Standards of Financial Stability. Following the financial crisis the changes are intended to maintain the Core Principles as a flexible and internationally applicable standard. The revisions strengthen the deposit insurance standards in a number of areas, including reimbursement speed, coverage, funding and governance. The revised document reflects the greater role many deposit insurers play in resolution regimes while still accommodating a diverse range of deposit insurance systems. (Source: IADI Updates Core Principles)