An examination of the law on deposit guarantee and resolution fund in the Burundian banking sector

dc.contributor.authorGahimbare, Gratia
dc.date.accessioned2018-12-18T08:50:27Z
dc.date.available2018-12-18T08:50:27Z
dc.date.issued2018-10
dc.descriptionA thesis Submitted to the College of Higher Degrees and Research of Kampala International University Kampala, Uganda partial fulfillment for the award of Master Degree in Law of Kampala International Universityen_US
dc.description.abstractDeposit Insurance schemes are currently recognised by the general consensus as being vital to financial system’s stability by protecting depositors from incurring large losses due to deposit taking institutions’ failures and preventing them from engaging simultaneous withdraws when these institutions’ solvency is questioned; provided that the scheme is well established by a clear legal framework. Burundi also took a significant step toward Deposit Insurance,when in August 2017 the Financial Institutions Act introduced a Deposit Guarantee and Resolution Fund through two provisions. However, in order to be credible for the stakeholder, a Deposit Guarantee or Deposit Insurance, as it is most commonly referred to, has to be well provided legally. There are even basic aspects of the Deposit Insurance that must be clearly set by law and that are recognised by international standards. Unfortunately, the provisions on the Burundian Deposit Guarantee and Resolution Fund in Burundi do not seem to meet these criteria. This research therefore highlights the deficiencies that should be adjusted in the banking sector toward depositors’ protection and the deficiencies of the law on Deposit Guarantee and Resolution Fund in Burundian proposes enhancements based on Deposit Insurances Funds’ key provisions in selected countries which the Burundian law-makers and law enforcers can use as references in improving the law governing the Deposit Guarantee and Resolution Funden_US
dc.identifier.urihttp://hdl.handle.net/20.500.12306/1437
dc.language.isoenen_US
dc.publisherKampala International Universityen_US
dc.subjectBankingen_US
dc.subjectBurundien_US
dc.subjectBank Lawen_US
dc.subjectInsuranceen_US
dc.subjectDepositorsen_US
dc.subjectBanking Legal Frameworken_US
dc.titleAn examination of the law on deposit guarantee and resolution fund in the Burundian banking sectoren_US
dc.typeThesisen_US
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