On 13 July 2015, the International Association of Deposit Insurers (IADI) published two guidance papers on effective deposit insurance systems. One of the papers relates to 'before the event' funding of such systems, with a view to ensuring that providers of such insurance have the financial capacity to respond when necessary. Nine guiding principles are identified to assist in the creation of an efficient funding system (including recommendations for periodic review and validation of funding methods). The second paper relates to possible use of multiple deposit insurance organisations (i.e. more than one deposit insurance provider). In that regard, information on multiple organisation arrangements in various jurisdictions is provided, as well as practical guidance for such structures.
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