Insights
Client Alert
Safety Deposit
December 04, 2008
By Toshiyuki Arai,David S. Wang,
& Neil A. Torpey
With the current turmoil in the global economy and the financial markets in particular, market and consumer confidence in even those financial institutions that previously seemed safest has hit an all-time low. In the scramble to provide confidence and, ultimately, stability, new government regulation is emerging on a daily basis. As part of Paul Hastings commitment to serving your needs wherever your business takes you, you will find below three summary charts, each providing an overview of the legal status of deposits, investment portfolios and insurance policies, explaining how they are protected in the major economies in Asia, Europe and in the United States of America.