Dear Working Group member,
The European Chamber is pleased to invite you to the next Consumer Finance Working Group meeting. It will be held on Tuesday, 18 March, 8.30-10.30am, at the European Chamber Beijing and Shanghai offices via videoconference.
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 sector, 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.
We will also hold the 2014-2015 Chair elections. The Banking & Securities Chair and Vice Chairs play a crucial role in driving the Working Group, which includes a leadership role in the drafting of the Position Paper, communicating key messages to Chinese and European government authorities and steering Working Group meetings. The desired characteristics of a Chair and Vice Chairs are a senior industry representative with relevant industry expertise and government contacts who has the time and willingness to support the Working 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 your name forward for election, please, firstly, read the attached Working Group Chairs’ Code of Conduct and Roles and Responsibilities documents. To apply, please send a short biography and motivation letter, stating whether you intend to run for Chair or Vice Chair to Mr. Felix Hamilton at fhamilton@europeanchamber.com.cn by Wednesday, 12 March 2014, 4pm.
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