Claire McGuire

Claire McGuire joined the World Bank in November 2009. Before joining the Bank she worked for the Federal Deposit Insurance Corporation (“FDIC”) for 20 years as a Senior Counsel involved in bank resolution, bankruptcy and deposit insurance issues and as a Bank Secrecy Act and Anti-Money Laundering examiner. Since joining the Bank Claire has worked on bank restructuring and resolution issues and as the Bank’s representative to the International Association of Deposit Insurers (“IADI”).

By Claire McGuire

Research

Deposit Insurance and Digital Financial Inclusion

This Brief summarizes issues relevant to deposit insurance arising from emerging digital stored-value products and offers three distinct approaches for countries to consider.
Blog

How Can Indirect Deposit Insurance Work in Digital Finance?

It is increasingly important to ensure that digitally-stored funds are protected against the failure of institutions offering these products. The indirect (or 'pass-through') approach to deposit insurance is raising questions with big implications for financial inclusion.
Blog

Deposit Insurance for Digital Financial Products: 3 Approaches

Countries have adopted three approaches to addressing digital "deposit-like" products when it comes to including them in the deposit insurance system.
Blog

Three Questions for Determining if a New Product is a Deposit

This first post in a new series on deposit insurance and digital financial inclusion focuses on the basic, but not easy question, of how to define a “deposit.”