In 2006 the Fund continued to develop contacts with similar institutions abroad particularly as part of its membership of the International Association of Deposit Insurers – IADI) and the European Forum of Deposit Insurers – EFDI).

In October the International Association of Deposit Insurers organised the fifth Annual General Meeting and Conference in Rio de Janeiro (Brazil) at which the IADI’s manuals were presented concerning the funding of deposit insurance systems, governance, designating effective mandates and claims and recoveries. Prior to the start of the conference the “Deposit Insurer of the Year” award was presented for the second time for contribution to financial stability and development of international cooperation, this time to the Canada Deposit Insurance Corporation. The conference was also accompanied by the second international deposit insurance exhibition in which 40 organisations took part including the Fund.

This conference preceded the 16th meeting of the IADI Executive Council during which the meetings of standing and regional IADI committees were also held.

The next working meetings of the IADI Executive Council were held in May in Basel, Switzerland and in September in Kuala Lumpur, Malaysia. The second meeting of the European Regional Committee presided over by the Fund’s Board of Administration President since September 2005, was held in January in Prague.

In 2006 the European Forum of Deposit Insurers focused on deepening cooperation with the European Commission as part of the revision of Directive No. 94/19/ES on Deposit Insurance Systems. In June a meeting of a working group of EU countries was held in Berlin on this topic at which the EU Joint Research Centre’s study results were presented. The study’s purpose was to provide quantitative data for the European Commission for their report on the minimum amount of deposit insurance and the consequences of the change in the method of financing of deposit insurance systems in the EU. In November the EFDI Annual meeting was held in Palermo, Italy at which proposals for an amendment to the Statute were discussed. A seminar followed up this session focusing on problems relating to cross-border activities of banks significant for their deposit insurance systems.

Another meeting of the working group of the Banking Advisory Committee on deposit insurance systems was held at the European Commission in Brussels in May for the purpose of discussing the proposal and procedures of revising Directive No. 94/19/ES on Deposit Insurance Systems.