7th EFDI Balkan region meeting
Deposit Insurance Agency of Bosnia and Herzegovina (DIA BiH) has organized and hosted the 7th EFDI Balkan region meeting in Vlašić from 31st January until 3rd February 2019.
Meeting gathered representatives from the Balkan countries deposit guarantee schemes (DGS) that are members of the European Forum of Deposit Insurers (EFDI).
This meeting is continuation of cooperation and expertise exchange within the joint platform agreed in the multilateral Memorandum of Understanding signed by the EFDI Balkan countries DGSs on 11th March, 2015.
In this meeting, the participants shared recent developments in their respective DGSs. The meeting also included various panel discussions. Among others, the discussions were focused on recent structural changes in Bosnia and Herzegovina and Croatia, recent developments relating to a payout case in Montenegro, the role of IT systems in a payout process, simulation exercises as important tests for testing operational readiness of deposit insurance schemes, etc.
This meeting follows a well-established tradition according to which deposit insurance authorities of the Balkan region (Albania, Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia), who share many similarities in their respective banking and financial systems, gather with the aim to discuss and share experiences and knowledge among each other.
The European Forum of Deposit Insurers (EFDI) is a European deposit insurance organization, in which the DIA BiH is a member that contributes to the stability of financial systems through European and international cooperation in the field of deposit insurance, compliance with EU Directives, exchange of experiences and information etc. EFDI regularly organizes workshops and conferences for its members on technical and regulatory issues related to deposit insurance, crisis management and investor compensation. EFDI also engages in consultations regarding European regulatory instruments with European Union institutions, in particular regarding the Deposit Guarantee Scheme Directive, which include important stakeholder such as EU Commission, European Parliament etc. This is particularly important for Bosnia and Herzegovina and other Non-EU Balkan countries given the relations with EU and its EU member candidate status.
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Banja Luka, February 11, 2019.