European Union Chamber of Commerce in China
Consumer Finance & NBFI Working Group (Beijing & Shanghai)
Date: Tuesday, 18th March, 0830-10:30
Location:
European Chamber offices Beijing (C411A, Beijing Lufthansa Center, 50 Liangmaqiao Road, Chaoyang District)
European Chamber offices Shanghai (Unit 2204, Shui On Plaza, 333 Huai Hai Zhong Lu, near Madang Lu)
Dear Working Group Member,
We are delighted to invite you to the next Consumer Finance & NBFI Working Group meeting, to be held on Tuesday, 18th March, starting at 8:30am at the European Chamber office.
At this meeting we will have Mr. Ed WU, Managing Director, PlaNet Finance China presenting The microfinance business and opportunities in China. His presentation will focus on the particularities of microfinance in China, how it differentiates from other type of non-banking licenses such as consumer finance companies. He will also touch upon the key player in this secotr, key regulations, key issues and how to apply for microcredit license.
Afterwards the Working Group will focus our discussions on the production process of the Position Paper 2014/2015. It is very important that members come to this meeting with a clear idea of how they would like the Position Paper 2014/15 to look like. That is why we would really appreciate it if you could check internally, particularly whether there is any issue you would like to be included this year in the Position Paper.
If you wish to attend this meeting, please register with Ms. Ling LOU at llou@europeanchamber.com.cn COB Monday, 17th March 2014.
If you wish to send any input regarding the Position Paper in advance, please contact Mr. Felix Hamilton at fhamilton@europeanchamber.com.cn. Please find attached the Consumer Finance & NBFI Position Paper 2013/14 for your reference.
Tentative Agenda
- 08:30 am – Presentation by Mr. Ed WU, Managing Director, PlaNet Finance China presenting The microfinance business and opportunities in China.
- 09:10 am – Q&A
- 09:40 am – Elections for the Chairs and Vice Chairs positions
- 09:50 am – Discussion in order to identify the Key Recommendations for the Consumer Finance & NBFI Position Paper 2014/2015
Chair / Vice Chair Election
The Consumer Finance & NBFI Working Group Chair and Vice Chairs play a crucial role in driving the Working Group. The responsibilities of Chairpersons include taking a leading role in the drafting of the Position Paper, communicating key messages to the Chinese and European governments and steering Working Group meetings. The required characteristics of a Chair and Vice Chair are a senior industry representative with relevant industry expertise and government contacts who has the time and willingness to support the group. Previous participation in the Working Group is essential.
The maximum duration of Chairmanship or Vice Chairmanship of a Group is three consecutive years. Candidates are only eligible for Chair or Vice Chair position if he/she is physically based in China and it is recommended that the member holds the position in the Chapter where he/she is physically based. Only Corporate members of the Chamber are eligible for Chair positions unless specific approval has been obtained from the Chamber’s Executive Committee. Both Corporate and Associate members are eligible to hold Vice Chair positions. For the Consumer Finance &NBFI Working Group, it is possible to have at most one Chair and two Vice Chairs.
Should you be interested in putting yourself forward for candidacy for election, please firstly read the attached document which outlines the roles and responsibilities of a Working Group Chairperson. To apply, each prospective candidate should submit a short bio and a motivation letter at least one week prior to the election to Mr. Xavier-Lluis Sans Powell, by March 11th COB at xsanspowell@europeanchamber.com.cn. In the email, please clearly state whether you intend to run for the position of Chair or Vice Chair. Candidates running for the role of Chair, if not successfully elected, can opt to be included as a candidate for Vice Chair.
In accordance with European Chamber internal guidelines, the Business Manager will send another email to the Working Group one week prior to the election with the bios and motivation letters of all candidates attached. Voting for the election must be conducted in person at the Working Group meeting (one vote per company) after each candidate has been given an opportunity to give a short speech on why they would like to run for election. The duration of the term for both Chairs and Vice Chairs is one year. All elected Chairpersons must sign the attached Code of Conduct following election.
As always, we welcome your suggestions for possible agenda topics and speakers for this and future meetings.
We encourage as many of our members as possible to attend and have their say in the leadership and representation of the Working Group in the year ahead. If you would like to attend this meeting, please register with Ms. Ling LOU at llou@europeanchamber.com.cn by COB Monday, 17th March 2014.
For more information on the Consumer Finance & NBFI Working Group, or the European Chamber in general, please don’t hesitate to contact Xavier Sans Powell in Beijing, xsanspowell@europeanchamber.com.cn or Felix Hamilton in Shanghai, fhamilton@europeanchamber.com.cn
Downloads
Some documents are only available to download by members of the following Working Groups / Fora in Beijing.
- Non-banking Financial Institutions (Sub-working Group)
If you are a member please login to our website first to download the documents.
Consumer Finance & NBFI Working Group Meeting Mintues 20140318
Group / Forum Members only
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