Deposit Insurance

by A. Campbell (Editor), J. La Brosse (Editor), D. Mayes (Editor), D. Singh (Editor)

Overview

Deposit insurance has risen rapidly across the world. It was accelerated by the rash of financial crises that have struck in recent years. The contributions to this volume strike a fascinating balance between the interest of regulators, the view of academics as to how the issues should be handled, and the interests of banks and their depositors.

Product Details

ISBN-13:	9780230006997
Publisher:	Palgrave Macmillan UK
Publication date:	05/31/2007
Edition description:	2007
Pages:	350
Product dimensions:	5.51(w) x 8.50(h) x 0.03(d)

About the Author

DAVID MAYES is Adviser to the Board of the Bank of Finland; Professor of Economics at London South Bank University, UK; Adjunct Professor at the University of Canterbury; and visiting Professor at the University of Auckland, Australia. He has published widely on monetary policy and financial stability and is advisor to several central banks.

ANDREW CAMPBELL is Director at the Centre for Business Law and Practice at the University of Leeds, UK, and Consulting Counsel on banking law to the Legal Department of the International Monetary Fund, Washington, D.C., USA. He holds a practising certificate as a Solicitor of the Supreme Court in England and Wales. He is co-author, with Peter Cartwright, of Banks in Crisis: The Legal Response, and co-author of Butterworths Annotated Guide to the Financial Services and Markets Act.

JOHN RAYMOND LA BROSSE is Secretary General of the International Association of Deposit Insurers (IADI). Before joining IADI, he was Director of International Affairs, Canada Deposit Insurance Corporation where he was responsible for CIDC's relationships with other deposit insurers around the world and, at the same time, he was the Executive Director of the Financial Stability Forum's Study and Working Groups on Deposit Insurance.

DALVINDER SINGH is Senior Lecturer in Law at Oxford Brookes University, UK, and Managing Editor of the Journal of Banking Regulation. He is also Associate Research Fellow at the Instituteof Advanced Legal Studies, University of London, UK, and has acted as a consultant to the International Monetary Fund.

Table of Contents

List of Figures List of Tables List of Boxes Preface Promoting Financial Stability through Effective Depositor Protection: The Case for Explicit Limited Deposit Insurance; J.R.LaBrosse & D.G.Mayes Legal Aspects of the Interests of Depositor Creditors: The Case for Deposit Protection Systems; A.Campbell & D.Singh Instituting a Deposit Insurance System: Why? How?; C.E.Blair, F.Carns & R.M.Kushmeider Organizational Design and Positioning of the Deposit Insurance Function in the Financial System Safety Net; L.Kryzanowski A Survey of Deposit Insurance in East Asia: post Asian Financial Crisis; D.K.Walker Financial Disintermediation, Financial Sector Regulation and Deposit Insurance; J.Roy & M.Flageole Measures to Promote Effective Interrelationships among Financial Safety Net Participants; W.K.Carr Using Efficient Bank Insolvency Resolution to Solve the Deposit Insurance Problem; G.G.Kaufman Contingency Planning: A Practitioners Guide Drawing from Lessons Learned from Dealing with Bank Failures; J.R.LaBrosse & D.K.Walker General Guidance for the Resolution of Bank Failures; W.Su Responsibility Without Power: Two Solutions to the Problem of Foreign-Owned Systemic Bank Branhes; D.G.Mayes Economic Performance of KDIC's Resolution System; P.Choi & D.Kim The Role of Deposit Insurance in Promoting Financial System Stability in Nigeria; G.A.Ogunleye Index

Editorial Reviews

'...this book brings together a wide range of interesting papers on an often neglected topic. The editors are to be commended for that.' Paul Ali, Journal of International Banking Law and Regulation

From the Publisher