investment policies j.r. labrosse director, international affairs canada deposit insurance...
TRANSCRIPT
Investment Policies
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J.R. LaBrosseDirector, International Affairs
Canada Deposit Insurance Corporation
Presentation to the IADI/EBRD Seminar on Deposit InsuranceDecember 9, 2003
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Purpose of this Presentation
Factors to consider in Devising Investment Policies for Deposit Insurers
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Responsibilities of Management
•Setting out a policy•Determining risk tolerances
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Governance framework
•Processes•Will the function be outsourced?•Decision making•Reporting
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Policy Considerations
Determining the purpose of the portfolio will lead to an understanding of the risk tolerance that
can be accepted by management
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Determining risk tolerances of the investment portfolio
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Risk tolerance conclusions
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Evolution of CDIC’s investment policy
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Investment policy limitations:
• Credit risk• Counterparty risk• Maturity Profile• Liquidity Risk by Issuer, and• Portfolio Liquidity Risk
Investment Policies
www.iadi.org
Presentation to the IADI/EBRDSeminar on Deposit InsuranceDecember 9, 2003
Presentation by:J.R. LaBrosse
Canada Deposit Insurance Corporation