Republic of Serbia Financial Sector Assessment Program Update; Technical Note on Deposit Insurance

This Technical Note discusses key findings of the assessment of deposit insurance in Serbia. The deposit insurance scheme is managed by the deposit insurance agency (DIA), which has a multi-faceted mandate. Consequently, few DIA staff is actively involved in the core mandate of deposit insurance fun...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2010
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Technical Note discusses key findings of the assessment of deposit insurance in Serbia. The deposit insurance scheme is managed by the deposit insurance agency (DIA), which has a multi-faceted mandate. Consequently, few DIA staff is actively involved in the core mandate of deposit insurance fund (DIF) management. DIA revenue sources are volatile, and DIF related revenues are used to subsidize non-DIF related activities. To improve transparency and ensure sustainability of the DIF, the legal framework should be amended to clarify the use of DIF resources and cap the use for operating costs
Physical Description:18 pages
ISBN:9781455205677