Page 3 - Strategic Plan 3rd Six-Month Report

facilitate a comparative review of two deposit
insurance models to determine an appropriate model
for DIC.

• Strategic Initiative No. 2A - Review Legislation,
identify gaps and develop an Action Plan. This
project triggered a review of the DIC’s governing
legislation with a view to identifying gaps. The
outcome of this review resulted in the development
of a handbook which provides guidance for
implementing resolution processes and supports the
DIC’s preparedness for crisis management.

• Strategic Initiative No. 5 - Improve
Collaboration with Stakeholders. The DIC has
begun to engage its members and publics. As part
of the ongoing implementation of its
Communication Strategy the DIC ‘went live’ on
both LinkedIn and Facebook.

Highlights of our Main Achievements
During the 3rd 6-Month period the DIC continued to focus
on the primary objectives.

Aligning its presence with international standards for
deposit insurers
The Peer Assessment conducted in August 2019 by a
review team from Switzerland, United Kingdom and the
United States cemented the areas in which the DIC must