IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Depositor and Investor Protection in the EU and the Netherlands: A Brief History

  • Gillian Garcia
  • Henriette Prast

This paper provides some history of deposit insurance and investor protection in the Netherlands against the background of the history of such protection in the European Union, EU-legislation and the recent changes in the design of financial supervision in the Netherlands. It discusses how countries have responded to the EU-directives and to the changes in the financial environment. The main findings of the paper are the following. The Netherlands was among the first European countries to introduce deposit insurance. Deposit insurance systems in the EU are frequently funded ex post and offer lower coverage than systems in most other regions of the world. The system in the Netherlands shares these characteristics. Over time, all countries have adapted their systems in the spirit of the EU-directives on the matter, although it seems that some countries still need to undertake changes to comply with specific articles. During the 1990s, some convergence towards best practices has taken place. EU-regulation has obliged member countries to make their systems mandatory and there is a tendency towards ex ante funding and risk-related premiums. The the issues to be addressed by the Netherlands are whether to combine deposit and investor protection schemes, shift to ex ante funding partially or entirely and impose risk-adjusted charges. A follow-up paper will examine these issues further.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.dnb.nl/en/binaries/ot054_tcm47-146064.pdf
Download Restriction: no

Paper provided by Netherlands Central Bank, Directorate Supervision in its series Research Series Supervision (discontinued) with number 54.

as
in new window

Length:
Date of creation: Mar 2003
Date of revision:
Handle: RePEc:dnb:ressup:54
Contact details of provider: Postal: Postbus 98, 1000 AB Amsterdam
Web page: http://www.dnb.nl/en/

More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Joke Mooij & Henriette Prast, 2002. "A Brief History of the Institutional Design of Banking Supervision in the Netherlands," WO Research Memoranda (discontinued) 703, Netherlands Central Bank, Research Department.
  2. Gropp, R. & Vesala, J., 2001. "Deposit Insurance and Moral Hazard: Does the Counterfactual Matter?," Papers 47, Quebec a Montreal - Recherche en gestion.
  3. Franklin Allen & Douglas Gale, 1998. "Optimal Financial Crises," Journal of Finance, American Finance Association, vol. 53(4), pages 1245-1284, 08.
  4. Asli Demirgüç-Kunt & Enrica Detragiache, 1998. "The Determinants of Banking Crises in Developing and Developed Countries," IMF Staff Papers, Palgrave Macmillan, vol. 45(1), pages 81-109, March.
  5. G. G. Garcia, 2000. "Deposit Insurance; Actual and Good Practices," IMF Occasional Papers 197, International Monetary Fund.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:dnb:ressup:54. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rob Vet)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.