The protection of large uninsured depositors of failing banks, will continue to take place through various forms including: a purchase and assumption transaction, in which all of the deposits (insured and uninsured alike) of the failing bank are transferred to another bank; a financially assisted merger of the failing bank with another bank; or the provision of financial assistance to the failing bank to avert its failure as happens during statutory takeover by the regulator.
Page 6 of 8  Mindful of the risk that deposit insurance would stoke moral hazard through encouraging banks to take greater risks, I want to assure you that the BoU is committed to effective supervision of bank risk-taking, with particular attention to the quality and types of assets that banks acquire as well as the amount of capital that banks hold relative to the risks they take.