A well performed system needs a well management. The four elements interplay with each other and work together to improve the level of governance which will be beneficial to the running of the deposit insurance system. Hence, as a deposit insure, it must follow this principle so that the system can be operated well.  

The relationships with other safety-net participants

Financial architecture has different kind of component elements and only each of them is operated properly, the whole frame can work orderly. Therefore, the BCBS and the IADI create a core principle states the code that indicates how the deposit insurance authority should cooperate with other financial components which as follows. “A framework should be in place for the close coordination and information sharing, on a routine basis as well as in relation to particular banks, among the deposit insurer and other financial system safety-net participants. Such information should be accurate and timely (subject to confidentiality when required). Information-sharing and coordination arrangements should be formalised.”