The FGDR’s partners

The FGDR’s partners

 

The DGS is a key element in the "banking safety net" set up in a country to guarantee the stability of the financial system as a whole.

 

Its work in securing the financial sector and its national and international customers complements that of the central banks, banking or financial supervisors and public authorities.

French public institutions

The Banque de France is both the bank of issue and the Central Bank. It is a 200-year-old institution whose capital is owned by the French government. A member of the Eurosystem headed by the European Central Bank (ECB), it is responsible for implementing the monetary policy.

More information at: Banque-France.fr

 

The Ministry of Economy and Finance is the ministerial department in charge of France's economic  and financial policy.

More information at: economie.gouv.fr

 

The Prudential Supervision and Resolution Authority (ACPR) is an independent administrative authority that oversees the banking and insurance sectors in France.

More information at: acp.banque-france.fr

 

The Autorité des Marchés Financiers (AMF) regulates participants and products in France's financial markets. It regulates, authorises, monitors and, where necessary, conducts investigations and issues sanctions. In addition, it ensures that investors receive material information and provides a mediation service to assist them in disputes.

 More information at: amf-france.org

Financial organisations

The Fédération des Banques Française (FBF) is the professional organisation that represents all banks authorised in France. In 2018, it included 340 French and foreign commercial, cooperative and mutual member banks.

More information at: fbf.fr

 

L'Office de Coordination Bancaire et Financière (OCBF) is an independent organisation whose members include banking and finance professionals. In 2018, it included 143 financial institutions that are either independent or subsidiaries or branches of French and foreign groups.

More information at: ocbf.com

 

The Association Française des Sociétés Financières (ASF) had 280 members in 2018 - including finance companies, specialised banks and investment firms, which offer a range of unique and specialised credit, financial and investment services.

More information at: asf-france.com

 

The Association Française des Établissements de crédits et des entreprises d’Investissement (AFECEI) represents credit institutions, investment firms, market undertakings and clearing houses.

More information at: afecei.asso.fr

 

Banks, credit institutions and investment service providers

All these institutions are key partners of the FGDR and help it fulfil its mission in terms of membership, contributions, elections to the Supervisory Board, strategic direction and the "7-day Compensation" project.

 

→ To view the list of FGDR members, click here.

 

International partners

The European Forum of Deposit Insurers (EFDI), created in 2002.

The purpose of EFDI is to promote active European cooperation in the field of deposit insurance and facilitate discussion and exchange of expertise and information among institutions responsible for protecting deposits.

 

At the end of 2018, the EFDI's members included 57 deposit guarantee schemes and 13 investor compensation schemes coming from 48 European countries. The EFDI is a forum for cooperation among the DGS in an enlarged Europe. This is a unique location where the members and partners exchange their experiences as practitioners. In cooperation they analyse European or national regulations. EFDI promotes cooperation in the field of deposit and investor insurance.

EFDI has close relationships in particular with  the European Commission, the European Central Bank (ECB), the European Banking Authority (EBA), the European Banking Federation (EBF) and the International Association of Deposit Insurers (IADI).

Thierry Dissaux, Chairman of the FGDR  Board, was elected chairman of the EFDI in September 2016 for a 3-year term of office.

 

More information at: efdi.net

 

The International Association of Deposit Insurers (IADI) is the leading organisation in the field of deposit insurance. Formed in 2002, the aim of this organisation is to enhance the effectiveness of deposit insurance systems and the stability of the financial system by promoting common guidelines. It has its head office in the Bank for International Settlements (BIS) in Basel, Switzerland.

 

The IADI was created following the work of various multinational working groups (1999/2001) tasked by the Financial Stability Forum (now the Financial Stability Board (FSB)) to consider the development of international core principles for deposit insurance systems.

 

Its mission is to contribute to the enhancement of deposit insurance effectiveness by promoting guidance and international cooperation, and to contribute to the stability of financial systems by promoting international cooperation in the field of deposit insurance and providing guidance for establishing new, and enhancing existing, deposit insurance systems, and to encourage wide international contact among deposit insurers and other interested parties. To enhance deposit insurance effectiveness and meet its Members’ needs, IADI undertakes research and issues core principles and supporting guidance. The Core Principles for Effective Deposit Insurance Systems were first issued by the Basel Committee on Banking Supervision (BCBS) and IADI in June 2009, and (following the FSB Thematic Review on Deposit Insurance Systems) updated by IADI in October 2014. The Core Principles are approved by the Financial Stability Board. The European Commission collaborated to develop a Methodology for the Assessment of Compliance with Core Principles approved in December 2010, which includes a self-assessment, a Financial Sector Assessment Program (FSAP) conducted by the IMF and the World Bank, and comparative analysis programmes conducted by the Financial Stability Board and the G-20. The Methodology was submitted to the Financial Stability Board to be included in its set of 12 International Standards.

 

More information at: iadi.org

 

The Financial Stability Board (FSB) is an informal group formed during the G20 London summit in April 2009 as a successor to the Financial Stability Forum. It encompasses 26 national financial authorities (central banks, finance ministries, etc.), a number of international organisations and groups that develop standards in the field of financial stability. It works closely with the IADI on deposit insurance systems.

 

More information at: financialstabilityboard.org