deposit insurance authority

E897995

A deposit insurance authority is a financial regulatory body that protects bank depositors by insuring their deposits and managing funds used to reimburse them in case of bank failures.

All labels observed (1)

Label Occurrences
deposit insurance authority canonical 1

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf financial regulatory body
prudential safety-net institution
public authority
aimsTo ensure timely payout of insured deposits
protect insured depositors from loss in bank failures
coordinatesWith banking supervisor
central bank
finance ministry
resolution authority
defines eligible deposit products
eligible depositors
fundedBy back-up government guarantees
investment income on fund assets
premiums from member banks
hasFunction contribute to financial stability
insure bank deposits
manage deposit insurance funds
reimburse depositors in case of bank failures
support confidence in the banking system
hasObjective enhance depositor confidence
minimize cost of bank failures
protect small depositors
reduce risk of bank runs
hasPrimaryRole protect bank depositors
mayBeStructuredAs government department
independent public agency
unit within central bank
mayCollect bank-specific risk information
mayHavePower act as receiver for failed banks
liquidate failed banks
resolve failing banks
transfer deposits to healthy institutions
mayParticipateIn crisis management frameworks
financial safety-net arrangements
mayProvide explicit deposit guarantees
mayUse early warning indicators for bank distress
monitors member institutions’ compliance with insurance rules
operatesIn banking sector
operatesUnder banking law
deposit insurance law
oversees deposit insurance schemes
regulates insured depository institutions
sets coverage limits for insured deposits
usesInstrument deposit insurance fund
ex-ante funding mechanisms
ex-post funding mechanisms
risk-based insurance premiums

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

DIF managedBy deposit insurance authority
subject surface form: Deposit Insurance Fund