Poland wants Russia’s funds from the organization. It is about the banking sector
The international sanctions that hit Russia after the invasion of Ukraine, as well as the exclusion of this country from many international institutions.
How to find out about Business Insider Polska, President of the Bank Guarantee Fund, Piotr Tomaszewski, applied for the exclusion of a free Deposit Insurance Agency from the International Association of Deposit Insurers (IADI). Tomaszewski is a member of the supervisory board from Poland on this website.
“This motion may be put to the vote on Wednesday, March 9, along with the request of the Ukrainian Deposit Guarantee Fund to remove Russia’s representative Yuri Isaev due to the entry of the IADI. “Planning” – us BFG.
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The International Association of Alternative Deposit Insurers in 2002 at the Bank for International Settlements in Basel.
It is an independent organization that focuses the activities of deposit insurance from all over the world. The primary security of IADI is to strengthen the security system. Therefore, on the Polish side, since 2008, the website of this institution is BFG.
IADI promotes growth in the level of deposit insurance. Its performance is also carried out for issuing international quality standards exams for the deposit guarantee assessment when calculating the reimbursement of deposit guarantee costs.
Behind the association is more than 90 implementation of the arrangement in the banking agreement.
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