BCBS 151

From Open Risk Manual


BCBS 151 is a document published by the Basel Committee on Banking Supervision on March 2009 in the Core Principles category.


Core Principles for Effective Deposit Insurance Systems - consultative document.


The financial crisis has illustrated the importance of effective deposit insurance to help maintain public confidence. This joint Basel Committee/IADI paper provides the core principles for effective deposit insurance systems. The core principles address a range of issues including:

  • deposit insurance coverage;
  • funding;
  • prompt reimbursement;
  • public awareness;
  • resolution of failed institutions; and
  • cooperation with other safety net participants including central banks and supervisors.

The final version of this paper has been released in June 2009.

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