CODI

4.5 CPD

R595.00

Accreditation expiry date: 31/05/2026

Professional Body: IOBSA
Approval Number: IOB302
SKU: CPDCDI

Once you have completed this course you will be able to:

  • The purpose and objectives of CODI.
  • The regulatory framework that governs CODI and the Deposit Insurance Scheme (DIS) and the Deposit Insurance Scheme (DIF).
  • The impact of CODI on banks and customers, including coverage details, obligations, and reimbursement processes.

Who Should Register

  • Key Individual
  • Compliance Officer
  • Representative
  • Manager
  • Employee

Description

The purpose of the course is to focus on the Corporation for Deposit Insurance (CODI), South Africa’s official Deposit Insurance Scheme (DIS), which was established to protect qualifying bank depositors in the rare event of bank failure. CODI became fully operational on 01 April 2024 and plays a critical role in ensuring financial stability and public confidence in the banking system