The Philippine Deposit Insurance Corporation (PDIC) is hosting the International Workshop on "Deposit Insurance Fund Target Size" on June 15-18, 2015 at the Makati Shangri-La Hotel. The workshop aims to provide a venue to discuss issues and exchange views on country experiences in setting up and administering deposit insurance fund (DIF) targets. Participating in the workshop are representatives from deposit insurance agencies, financial regulators and local and international financial institutions.

The event's highlight is the presentation of the initial results of the international survey on DIF target ratio recently conducted by the International Association of Deposit Insurers (IADI) among its members. The results of the survey and the workshop will be used in preparing a research paper that will describe and examine current approaches and practices in determining the optimal deposit insurance fund size.

PDIC President Cristina Que Orbeta said that PDIC is the chair of the Sub-committee that is spearheading the research on deposit insurance fund targeting. The hosting of the workshop is PDIC's contribution in enhancing the policy framework of deposit insurance agencies in determining what should be the target DIF that will be adequate to carry out its mandate. The adequacy of the DIF reflects the strength of the deposit insurance system.

The international workshop coincides with the commemoration of the 13th Depositor Protection and Awareness Week (DPAW) on June 16-22 with the theme, "Promoting Depositor Confidence through Public Awareness and Financial Literacy".

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