🇯🇵🆚🇪🇺 Japan's & EU's deposit guarantee schemes differ⬇️ 🇯🇵 DICJ: Active crisis manager (Act 34 of 1971) 🇪🇺 DGS: Mainly deposit protection (Directive 2014/49/EU) Japan's approach = more intervention power & broader mandate EU's approach = more focused mandate

Illya Gerasymchuk 2024-10-27 15:51

💰 DICJ's funding comes from: • Self-issued bonds • Insurance premiums paid by banks • Borrowed funds from financial institutions & public In practice, operation financing is heavily relied on debt, making it risky long-term 📈