2017 Annual Report
I. Management’s Discussion and Analysis
The Year in Review
FDIC played a leading role during the year in supporting the global development of deposit insurance, bank supervision, and bank resolution systems. This included working closely with regulatory and supervisory authorities from around the world, as well as international standard-setting bodies and multilateral organizations, such as the International Association of Deposit Insurers (IADI), the Association of Supervisors of Banks of the Americas (ASBA), the Basel Committee on Banking Supervision (BCBS), the Financial Stability Board (FSB), the International Monetary Fund (IMF), and the World Bank. The FDIC engaged with foreign regulatory counterparts by hosting visiting officials, conducting training seminars, delivering technical assistance abroad, and fulfilling the commitments of FDIC membership in international organizations.
International Association of Deposit Insurers
FDIC officials and subject matter experts provided continuing support for IADI programs in 2017. This included developing and facilitating technical assistance workshops for the Middle Eastern, African, European, Caribbean, North American, Eurasian, and Latin American regions of IADI; participating in reviews of IADI members’ self-assessment of compliance with the Core Principles; and participating in the IADI Biennial Research Conference in June. Led and supported by FDIC executives and senior staff, IADI technical assistance and training activities reached more than 250 participants during 2017.
Association of Supervisors of Banks of the Americas
Senior FDIC staff chaired the ASBA Training and Technical Committee in 2017, which designs and implements ASBA’s training strategy, promoting the adoption of sound banking supervision policies and practices among its members. The training program reached more than 500 member participants in 2017.
Basel Committee on Banking Supervision
The FDIC supports and contributes to the development of international standards, guidelines, and sound practices for prudential regulation and supervision of banks through its longstanding membership in BCBS. This includes actively participating in many of the committee groups, working groups, and task forces established by BCBS to carry out its work, which is focused on policy development, supervision and implementation, macroprudential supervision, accounting, and consultation.
International Capacity Building
The FDIC provided technical assistance and training missions to foreign counterparts in 2017 to promote effective deposit insurance, bank supervision, and bank resolution systems. These missions included assisting the Bank of Greece and providing training for Canadian deposit insurers. These efforts also included programs for more than 200 visiting regulators and other government officials from 20 countries during the year. Structured classroom training included two presentations of FDIC 101: An Introduction to Deposit Insurance, Bank Supervision, and Resolutions, attended by 65 students from nearly 40 organizations.
Other International Dialogues
The FDIC advanced policy objectives with key jurisdictions worldwide by participating in high-level interagency dialogues. Counterparties included China, India, Mexico and Canada.