🇯🇵🆚🇪🇺
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 📈