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As far as the supervisory powers and responsibilities of the bodies administering existing schemes are concerned, the Deposit Insurance Corporations in Canada and Japan leave most of the regulation and inspection functions to separate authorities, whereas the FDIC in the United States has broad powers of inspection, regulation and, if necessary, expulsion from the scheme. In Germany, the banking federations administering the various schemes have auditing powers. Belgium's Rediscount and Guarantee Institute and Sweden's Deposit Guarantee Board, which manage the funds, collaborate with the bank supervisory body in exchanges of information. In each of these countries the various bodies are also prepared to collaborate actively with the main supervisory authorities to prevent banks going into liquidation. There is, moreover, provision for the various Deposit Insurance Funds to acquire assets from or make loans to member institutions in order to facilitate mergers or merely to reduce the risk of a bank closure and subsequent losses to themselves.
The scheme in the Netherlands is administered by the central bank, although the participating institutions are represented on an Advisory Board. The administration of the UK system is undertaken by the Deposit Protection Board, which includes Bank of England representatives and representatives of contributory institutions. The schemes in France and Switzerland are administered by the banks' professional associations and in Luxembourg by a non-profit association, "Association pour la Garantie des Dépôts, Luxembourg" (AGDL), whose board is elected by the participating credit institutions. In Italy, deposit protection schemes are private-law undertakings but the Banking Law empowers the Bank of Italy to approve the by-laws, to regulate the reimbursement procedures and to authorise the schemes' interventions, etc.
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