摘要：A number of developing countries are currently introducing systems of deposit insurance
while others.especially industrialised countries.are making changes to the systems that
they already have in place. There are two reasons behind these changes. First, the systems are
trying to find an answer to the rapid changes in the financial environment, which include
trends of globalisation and conglomeration of the financial system and the blurring of
distinctions between financial products. The trend of globalisation requires a level playing
field in order to promote financial efficiency and prevent regulatory arbitrage. In the
European Union (EU) this is reflected in the harmonisation of financial regulation, including
deposit insurance, along the lines of the harmonised directives. The trend of conglomeration
and the blurring of distinctions between financial institutions and products may result in a
movement toward integration of deposit, securities and insurance protection. Second, the
changes that are taking place and that are under consideration are to be seen as a response to
developments in the theoretical approach to financial regulation, such as the increased
awareness of the role of moral hazard and the importance of incentive mechanisms in
regulation in general. This awareness is also reflected in for example the new Basle Capital
Accord. The importance of the subject of deposit insurance in Europe is reflected not only by
EU directives on the matter, but also by the recent establishment of a European Forum of
Deposit Insurers.
