European forum for deposit insurers
The European Forum of Deposit Insurers (EFDI, officially: European Forum of Deposit Insurers ) is an international non-profit association with the aim of promoting European cooperation and the exchange of information on regulatory issues in the areas of deposit insurance, investor compensation and crisis management (reorganization and liquidation of credit institutions ).
Brief portrait
- Legal form: International non-profit association under Belgian law (Association international sans but lucratif - AISBL)
- Foundation: 2002/2007 as AISBL
- Registered office: Brussels , Belgium
- Chairman: Dirk Cupei
- Deputy Chairman: Patrick Loeb (esisuisse, Switzerland)
- Honorary Chair: Suzanne McCarthy (Great Britain), Roberto Moretti (Italy)
- Members: 56 deposit guarantee schemes, 25 of which are also investor compensation schemes, and 10 pure investor compensation schemes from 44 countries
About EFDI
The European Forum of Deposit Insurers (EFDI) was founded in 2002 with the support of the European Commission. 25 founding members agreed on a common platform for the mutual exchange of information. In June 2007, EFDI was converted into the legal form of an international non-profit making association under Belgian law (Association international sans but lucratif - AISBL) after the European Commission had indicated to the association that this would be advantageous for cooperation with the European institutions. The registered office is in Brussels (B-1000 Brussels, 56 Avenue des Arts, Belgium). The office of the EFDI secretariat is located at the current EFDI chairman Dirk Cupei in the Association of German Banks in Berlin (Germany).
EFDI represents 66 full members and associated members from a total of 44 member states of the European Union and the Council of Europe. EFDI maintains close working relationships with leading European and international organizations, in particular with the European Commission, the European Central Bank ( ECB ), the European Banking Authority ( EBA ), the World Bank , the International Monetary Fund ( IMF ), the European Financial Services Roundtable (EFSR), the European Banking Federation (EBF) and the International Association of Deposit Insurers (IADI), as well as with universities.
aims
The main task is to make a contribution to the stability of financial systems by promoting European cooperation in the field of deposit insurance. For this purpose, EFDI offers a platform u. a.
- to share and discuss expertise and best practice on topics of common interest
- to investigate cross-border issues including the possibilities for better cooperation among members
- to investigate and further develop the practical application of the EU Deposit Insurance Directive.
EFDI does not make any legally binding statements on behalf of its members. The forum can express opinions on the concerns of its members or the members of a sub-group, provided that they agree. Statements or other activities of EFDI do not interfere with the sovereignty of its members.
Working bodies
To achieve its goals, EFDI can set up working groups and committees. There are currently two standing committees and five working groups. In addition, there are numerous ad hoc working groups.
EU committee
The EU Committee is EFDI's main working body. Unlike all other committees and working groups, it is a statutory body. All members from the EU member states are represented in the EU committee. Non-EU members can attend the committee meetings as observers.
The EU committee represents the interests of EFDI vis-à-vis the European Commission, the European Parliament and the Council. the European Central Bank, the European Banking Authority and other EU institutions or bodies related to them. Its main task is the preparation of EFDI statements and positions on legislative projects of the European Union on deposit insurance.
By virtue of the statutes, the EFDI chairman is also the chairman of the EU committee. The EFDI board has elected Alex Kuczynski as coordinator of the EU committee.
PR and Communication Committee
The Committee for PR and Communication deals with all PR-related issues of deposit insurance. His main concerns are the exchange of experiences on crisis communication and the improvement of public information and awareness of deposit insurance in the EFDI member states. In addition, it supports the EFDI Board and the press spokesman in PR matters relating to EFDI itself, if necessary. The committee consists of the PR experts from the member organizations.
Investor Compensation Working Group
The Investor Compensation Working Group, which has existed since the very beginning of EFDI, deals with the orientation of EFDI to legislative projects of the European Union on investor compensation. Your membership includes the investor compensation schemes as well as deposit insurance schemes, which are also investor compensation schemes.
Research group
The research working group examines specific issues of deposit insurance with the aim of developing joint positions and providing recommendations and guidelines for international regulatory bodies and other stakeholders. It also supports the work of the EFDI committees by providing data, reports and surveys.
Further working groups
The following additional working groups exist:
- Banking Union working group
- Working group on cooperative institutes
- Working group on crisis management in the banking sector (restructuring and liquidation of credit institutions)
membership
EFDI has two forms of membership: full members and associate members. International organizations have observer status.
Full members
- Albania - Albanian Deposits Insurance Agency (ADIA)
- Armenia - Armenian Deposit Guarantee Fund (ADGF)
- Azerbaijan - Azerbaijan Deposit Insurance Fund (ADIF)
- Belgium - Deposit and financial instrument protection fund
- Bosnia and Herzegovina - Deposit Insurance Agency
- Bulgaria - Bulgarian Deposit Insurance Fund (BDIF)
- Denmark - The Danish Guarantee Fund for Depositors and Investors managed by the Financial Stability Company
- Germany - Association of German Banks eV Deposit Protection Fund
- Germany - Compensation Scheme of German Banks GmbH
- Germany - Deposit protection fund of the Federal Association of Public Banks in Germany
- Germany - Compensation scheme of the Federal Association of German Public Banks GmbH
- Germany - German Savings Banks and Giroverband Sicherheitseinrichtung (DSGV)
- Germany - Security scheme of the Federal Association of German Volksbanks and Raiffeisenbanks eV
- Estonia - Guarantee Fund
- Finland - The Deposit Guarantee Fund
- France - Fonds de Garantie des Dépôts et Résolution - FGDR
- Greece - Hellenic Deposit and Investment Guarantee Fund (HDIGF)
- United Kingdom - Financial Services Compensation Scheme (FSCS)
- Iceland - Icelandic Depositors and Investor Guarantee Fund
- Ireland - Irish Deposit Protection Scheme
- Italy - Bond Holders Guarantee Fund of Cooperative Credit Banks
- Italy - Deposit Protection Fund for Co-operative Banks
- Italy - Interbank Deposit Protection Fund
- Jersey - Finance Industry Development - Economic Development
- Croatia - State Agency for Deposit Insurance and Bank Resolution
- Latvia - Financial and Capital Market Commission of Latvia
- Liechtenstein - SV Deposit Guarantee and Investor Protection Foundation (EAS)
- Lithuania - Deposit and Investment Insurance
- Luxembourg - Association Pour La Garantie Des Dépôts Luxembourg
- Malta - Depositor Compensation Scheme c / o Malta Financial Services Authority
- Macedonia - Deposit Insurance Fund Republic of Macedonia
- Montenegro - Deposit Protection Fund
- Netherlands - Collective guarantee scheme of credit institutions for repayable funds and portfolio investments
- Norway - Bank Guarantee Fund
- Austria - Deposit insurance of the Banken und Bankiers Gesellschaft mbH
- Austria - Hypo-Haftungsgesellschaft mbH
- Austria - Austrian Raiffeisen deposit insurance reg. Gene. mbH.
- Austria - Austrian Savings Banks Association
- Austria - Volksbank liability cooperative
- Poland - Bank Guarantee Fund
- Portugal - Deposit Guarantee Fund
- Portugal - Fundo de Garantia do Credito Agricola Mutuo
- Romania - Bank Deposit Guarantee Fund
- Russia - Deposit Insurance Agency
- Sweden - Deposit Guarantee Board
- Switzerland - esisuisse
- Serbia - Deposit Insurance Agency
- Slovakia - Deposit Protection Fund
- Slovenia - Banka Slovenije
- Spain - Deposit Guarantee Fund of Credit Institutions
- Czech Republic - Deposit Insurance Fund
- Turkey - Savings Deposit Insurance Fund
- Ukraine - Bank Deposit Guarantee Fund
- Hungary - National Deposit Insurance Fund of Hungary (NDIF)
- Cyprus - Deposit Protection Scheme
Associate members
- Bulgaria - Investor Compensation Fund
- Finland - The Finnish Deposit Guarantee Fund - Federation of Finnish Financial Services
- Ireland - The Investor Compensation Company Limited
- Italy - National Guarantee Fund
- Croatia - Central Depository & Clearing Company Inc.
- Norway - Norwegian Investor Compensation Scheme
- Romania - Investor Compensation Fund
- Czech Republic - Securities Brokers Guarantee Fund
- Turkey - Turkish Investor Compensation Center
- Hungary - Investor Protection Fund
observer
The following organizations have observer status:
- Bank for International Settlements
- EFR - European Financial Services Round Table
- European Banking Authority
- European Commission
- European Commission - Joint Research Center
- European Central Bank
- European Bank for Reconstruction and Development
- European Banking Federation
- International Association of Deposit Insurers
- IMF
- World bank
- World Savings Banks Institute aisbl / European Savings Banks Group aisbl
Board
- Chairman: Dirk Cupei (Deposit Protection Fund / Compensation Scheme of German Banks, Germany)
- Deputy Chairman: Patrick Loeb (esisuisse, Switzerland)
- Treasurer: Helmut Starnbacher (Austrian Raiffeisen deposit insurance reg. Gen. mbH, Austria)
- Francois de Lacoste Lareymondie (Fonds de Garantie des Dépôts et Résolution, France)
- Marija Hrebac (State Agency for Deposit Insurance and Bank Resolution, Croatia)
- Joseph Delhaye (Association Pour La Garantie Des Dépôts, Luxembourg)
- Nikolay Evstratenko (Deposit Insurance Agency, Russia)
Web links
Individual evidence
- ↑ efdi.eu About EFDI ( Memento of the original from May 18, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed on May 15, 2015
- ↑ efdi.eu About EFDI ( Memento of the original from May 18, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed on May 15, 2015
- ↑ efdi.eu EFDI Board ( Memento of the original from May 18, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed on May 15, 2015
- ↑ efdi.eu Purpose of EFDI ( Memento of the original from May 18, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed on May 15, 2015
- ↑ efdi.eu EU Committee ( Memento of the original from May 18, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed on May 15, 2015
- ↑ efdi.eu PR Committee ( Memento of the original from May 18, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed on May 15, 2015
- ↑ efdi.eu Investor Compensation Scheme Working-Group ( Memento of the original from May 18, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed on May 15, 2015
- ↑ efdi.eu Full Members ( Memento of the original from July 8, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed on May 15, 2015
- ↑ efdi.eu Associates ( Memento of the original from June 17, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed on May 15, 2015
- ↑ efdi.eu Observers ( Memento of the original from June 17, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed on May 15, 2015
