Illya Gerasymchuk
Entrepreneur / Engineer
🚨 The system faced its biggest test during the 90s banking crisis: • 110 financial institutions resolved • Full deposit protection implemented • Massive debt-based interventions DICJ has met its insurance obligations, but at what cost? 🤔
🇯🇵🆚🇪🇺 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
