Financial Services and Insurance

The ICC Commission on Financial Services & Insurance is a global non-sectorally based financial services body and looks at the full spectrum of financial services and insurance policy issues. It aims to break down barriers to international business in the financial services and insurance sectors, promote the liberalization of financial services and insurance, and to contribute to the elaboration of sound self-regulatory and supervisory frameworks. It formulates ICC policy positions on the key regulatory and business issues facing the sector, and presents them to such institutions as the World Trade Organization, European Commission, World Bank and United Nations. It provides an international forum for providers, brokers and users of financial and insurance services.

Projects for 2006

• Ensure that ICC policy statements on the liberalisation of trade in financial services and in insurance have an impact on WTO trade negotiations, particularly with
  reference to emerging markets.
• Promote business views on financial reporting and advocate the harmonisation of financial regulations.
• Enhance ICC’s work on promoting sound corporate governance by holding corporate governance roundtables across the world.
• Develop the ICC corporate governance website and other tools to assist companies in dealing with corporate governance roundtables across the world. Commission Officers
• Chair: Victor Chu, Chairman, The First Eastern Investment Group (Hong Kong)
• Vice-Chair: Jonas Åkerman, Honorary President, Swedish Insurance Brokers Association (Sweden); H Onno Ruding, Vice-Chairman, Citibank NA (US);
• Secretary: Michael Kelly, ICC

Task Forces

• Committee on Insurance
  Chair: Jonas Åkerman, Honorary President, Swedish Insurance Brokers Association (Sweden)
• Money Laundering Issues
  Chair: to be appointed

For more information, please contact:

ICC United Kingdom
Tel: 020 7838 9363 Fax: 020 7235 5447
E-mail: membership@iccorg.co.uk