Hence, the different financial departments should cooperate with each other on the basis of the independent management to prevent the financial crisis. Beyond these actions, the effective resolution process is crucial for the financial system as well. It is clear that a financial market cannot always work well. In case of the failure of a segment of the system, there should be a series of mechanisms that can resolve the problems promptly and effectively.

Because of the well cooperated of these principles in the financial market, the financial situation is becoming better and better after the enforcement of these principles. Despite the principles are designed for the deposit insurance system, it is can be learned for other financial department. Only the whole financial system goes well, the financial crisis can be anticipated and blocked in advance.

Conclusion 

Although the core principles are not established to contain all the different banking systems, they are generally interchangeable codes for various jurisdictions.