An important factor in support of consumer confidence in financial services and maintainance of financial stability on the financial markets in the world was the introduction of various kinds of guarantee schemes. Guarantee arrangements exist for different types of financial claims, and they are thus related to different types of financial functions. But all of them have to fulfil one specific objectives - protecting consumers and investors on the financial markets. The all can be divided into several groups: Deposit Guarantee Funds, Insurance guarantee schemes, Investor Compensation Schemes, Pension Benefits Guarantee Funds and Credit guarantee schemes. The oldest guarantee arrangements on the financial market are insurance of bank deposits. Opposed to deposit guarantee schemes, that are mandatory, introduction of insurance guarantee funds is not as widespread and is not binding (among the 27 EU member states, only 12 countries have introduced insurance guarantee schemes). Many countries offer arrangements that compensate investors for losses incurred when an investment firm fails to return their assets due to fraud, administrative malpractice or operational errors. According to the conducted analysis of foreign experience, existing guarantee arrangements cover all areas where the financial intermediaries functioning. They significantly affect the efficiency of the financial system; they are able to change the economic behavior of the market, increase the willingness of the population to risk, can create the conditions for free flow of financial resources from some sectors of the financial market to another and so on. But, primarily, all developed and implemented guarantee schemes perform a critical function on the financial market - they ensure its financial stability.
