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FDIC Banking Review

Table 9 
Responsibility for Asset Liquidation
Is the receiver responsible for the liquidation of the assets of the receivership? What role does the deposit insurer have in the asset liquidation process?
Deposit Insurer Yes No None Liquidates assets Oversees asset liquidation Exerts influence as a creditor of the receivership Other
Advanced Economics
Austria (AAR)    

X

       
Austria (AABB)

X 

 

X

       
Belgium

X

 

X

       
Canada  

X

   

X

   
France

X

 

X

       
Germany (EdB)

X

       

X

 
Germany (E)

X

       

X

 
Greece

X

 

X

       
Isle of Manb            

X

Italy (IDPF)

X

         

X

Italy (DPFCB)

X

         

X

Japan

X

 

X

       
Netherlands

X

 

X

       
Portugal

X

 

X

       
Spain

X

       

X

 
Sweden    

X

       
Taiwan Province of China

X

   

X

     
United Kingdom

X

       

X

 
  Subtotal

14

1

9 

1

1

4 

3 

Developing Economies and Economies in Transition
Africa              
  Nigeria

X

   

X

     
  Tanzania

X

   

X

     
  Uganda

X

   

X

     
Europe              
  Czech Republic  

X

X

       
  Hungary

X

       

X

 
  Latvia  

X

X

       
  Lithuania

X

   

X

     
  Poland

X

 

X

       
  Romania  

X

X

       
  Slovak Republic

X

         

X

  Turkey

X

         

X

Middle East              
  Bahrain

X

 

X

       
  Oman

X

         

X

Western Hemisphere              
  Brazil

X

 

X

       
  El Salvador  

X

 

X

     
  Jamaica

X

     

X

   
  Mexico

X

     

X

   
  Peru

X

 

X

       
  Trinidad and Tobago

X

     

X

   
 Subtotal

15

4

7

5

3

1

3

Total

29

5

16

6

4

5

6 

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