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FDIC Banking Review

Table 3 
Receivership Authority 
Who Generally
appoints a receiver?a		 Does the deposit insurer have the authority to act as the receiver of a failed depository institution? Does the deposit insurer have the authority to appoint itself receiver of a failed depository institution?
Deposit Insurer Court Central Bank, Ministry of Finance, or Supervisory Authority Deposit Insurer Other Yes No Yes No
Advanced Economics
Austria (AAR)  

X

     

X

 

X

Austria (AABB)

X

 

     

X

 

X

Belgium

X

       

X

 

X

Canada

X

X

   

X

 

X

 
France  

X

     

X

 

X

Germany (EdB)

X

       

X

 

X

Germany (E)

X

       

X

 

X

Greece  

X

     

X

 

X

Isle of Manb

X

       

X

 

X

Italy (IDPF)  

X

     

X

 

X

Italy (DPFCB  

X

     

X

 

X

Japan

X

             
Netherlands

X

 

X

   

X

 

X

Portugal      

X

 

X

 

X

Spain

X

     

X

   

X

Sweden

X

X

     

X

 

X

Taiwan Province of China  

X

   

X

   

X

United Kingdom      

X

 

X

 

X

  Subtotal

10

8

1

2

3

14

1

16

Developing Economies and Economies in Transition
Africa                
  Nigeria  

X

   

X

   

X

  Tanzania  

X

   

X

   

X

  Uganda  

X

   

X

 

X

 
Europe                
  Czech Republic

X

       

X

 

X

  Hungary

X

       

X

 

X

  Latvia

X

       

X

 

X

  Lithuania

X

X

     

X

 

X

  Poland

X

       

X

 

X

  Romania    

X

   

X

 

X

  Slovak Republic

X

       

X

 

X

  Turkey  

X

   

X

   

X

Middle East                
  Bahrain

X

X

 

X

 

X

 

X

  Oman  

X

     

X

 

X

Western Hemisphere                
  Brazil  

X

     

X

 

X

  El Salvador

X

       

X

 

X

  Jamaica

X

     

X

   

X

  Mexico    

X

 

X

 

X

 
  Peru  

X

     

X

 

X

  Trinidad and Tobago

X

     

X

   

X

 Subtotal

10

9

2

1

7

12

2

17

Total

20

17

3

3

10

26

3

33

Note: Classification of economies into "Advanced," "Developing," or "Economies in Transition" is from International Monetary Fund (2000).

aIf entities work together to appoint a receiver, an "X" will appear in more than one column.

bBritish Crown Dependency

aBritish Crown Dependency

AAR = Association of Austrian Raiffesenbanks

AABB = Association of Austrian Banks and Bankers

EdB = Entschadigungseinrichtung deutscher banken

E = Einlagensicherungs

IDPF = Interbank Deposit Protection Fund

DPFCB = Deposit Protection Fund for Co-operative Banks

Last Updated 06/20/2002 Questions, Suggestions & Requests