OREANDA-NEWS. June 18, 2012. On June 4-6, 2012 the Agency hosted the tenth Annual meeting of the Asia-Pacific Regional Committee of the International Association of Deposit Insurers and the International Conference “Bank Resolution and Public Awareness on Deposit Insurance”.

The event was attended by more than 70 participants from 24 jurisdictions. They represented both deposit insurers and international financial organizations including the International Monetary Fund and the Financial Stability Board.

Opening remarks at the conference were delivered by the Agency’s General Director Alexander Turbanov, Vice Chair of the Executive Council of the International Association of Deposit Insurers (IADI) Mr. Jerzy Pruski (Poland) and Chairperson of the IADI Asia-Pacific Regional Committee Mr. Hiroyuki Obata (Japan).

The conference participants were informed about recent international initiatives in such areas as regulation of systemically important financial institutions and enhancement of bank resolution regimes; shared their practical experience in promoting public awareness about deposit insurance and financial inclusion. They also discussed a number of other issues with focus on challenges that economies and banking systems of the Asia-Pacific countries face as a result of the Eurozone debt crisis.