As concern about stability of the financial system and protection of depositors has been growing globally, the awareness toward the deposit insurance system, which is one of the safety nets in financial system as an indispensable element for economic stability, has been increasing. Currently, more than 70 countries/areas have introduced deposit insurance system. The trend is also spreading in the Asia region in the wake of the Asian crisis in 1997 and now many countries and areas are considering implementing deposit insurance system. As one of the lessons learned from the Asia crisis, the importance of coordination among the safety net players in the region is raised for enhancement of financial safety net in each country and prevention of contagion risk of financial crisis each other. Since many nations, mainly in Asia, are interested in the Deposit Insurance System, resolution of failed financial institutions and collection of loans in Japan nowadays due to this background, DICJ introduces the situation of Japanese deposit insurance system and our activities toward stability of the financial system in order to contribute to establishment and development of the deposit insurance system in other countries and areas. DICJ has joined the International Association of Deposit Insurers (IADI), an international organization for deposit insurance body in each country, established in May 2002 as a founding member. The DICJ had been serving as one of the committee members of the Executive Council since the establishment of the said Council and in February 2008 took office as the vice chairman newly set. DICJ also chairs the Asia Regional Committee composed of deposit insurance organizations in the Asian region.

5th DICJ Round Table (March 3-4, 2010)