On Seoul's Plan for Becoming NE Asian Financial Hub
Time: 12:00 p.m. to 2:00 p.m. (registration 11:30 a.m.)
Venue: Hyatt Hotel: Namsan 1& 2, 2nd Fl.
Hosts: EUCCK Asset Management & Securities Cmt, EUCCK Banking Cmt, EUCCK Insurance Cmt, Foreign Bankers Group, Amcham Financial Services & Capital Markets CmtThe EUCCK has 24 sector-wise committees organized around one industry and run by an elected Chairman, sometimes assisted by one Vice-Chairman or Co-Chairman. The Committees develop ideas and thoughts that establish the chamber's overall position on relevant matters in each industry and are essential in outlining main trade barriers to EU companies in Korea.The purpose of the EUCCK Asset Management & Securities Committee (formed only last month), is to provide a platform of discussion between the foreign asset-management and securities houses in Korea, the regulatory agencies and other third parties in an effort to enhance securities business practices and develop a stronger and more stable capital market in Korea.The importance of the development of a stable capital market as part of the Korean domestic economy is recognized by the Korean government. The Asset Management & Securities Committee seeks to address issues for the sole purpose of improving the Korean securities business environment and bringing it to international standards. The Banking Committee and the Insurance Committee comprise leading financial institutions from the EU. They monitor changes of regulatory policy in Europe and suggest methods of enhancing Korea's local market competitiveness.European banks believe they can greatly contribute to the improvement of banking practices and know-how in Korea and have positive co-operation with their Korean counterparts implemented on a mutual benefit basis. The Insurance Committee draws the continuous attention of the Korean Government on insurance-related issues, mostly concerning the long-term soundness of the industry.For details please contact Mr. Ram Garikipati or Cho Sung-ho, via Fax: 725-9918 or E-mail: email@example.com/ firstname.lastname@example.org
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