DECEMBER 11, 2014
Doha, 10 December 2014: The International Chamber of Commerce Qatar (ICC Qatar) hosted the first meeting of the ICC Qatar Banking Commission last week at Qatar Chamber offices.
Representatives of local banks, active members of ICC Qatar, attended the meeting to learn about the outcomes of the global ICC Banking Commission meeting that took place in Istanbul last November, the ICC Paris Banking Commission new opinions, the ICC Qatar Banking Commission programme 2015, and the latest rules and publications of the ICC International Secretariat.
The participants also discussed the application of new BPO (Bank Payment Obligations) in the Middle East, a product that QNB is interested in offering among other international banks.
ICC Qatar Banking Commission serves as a forum for experts of the local banks to discuss the implementation of policies and actions to improve the local system, meeting the international standards.
Qatar Central Bank showed its support to the work of the commission by appointing a representative whose participation in the meeting confirmed the common interest to join hands to meet the final customers requirements.
Remy Rowhani, Director General Qatar Chamber and ICC Qatar Secretary General, welcomed delegates to the meeting and shared the ICC Qatar benefits, “We are extremely proud of the results achieved in 2014. The ICC Qatar Banking Commission has been very active in the international setting and it was among the 30 national Committees who voted for the ICC New Opinions”
ICC develops global business policy views on key issues that affect companies’ ability to trade and invest across borders and meet the challenges and opportunities of an integrated global economy.
ICC policy work, which can take the form of policy statements to influence intergovernmental discussion, is developed through specialized working bodies, called commissions, composed of business experts.
ICC policy recommendations are communicated to both national government and intergovernmental organizations, including the UN, the WTO, and forums such the G20. They are intended to reflect a broad business consensus as represented by ICC, while at the same time making a meaningful contribution to the policy debate from a global business perspective.
ICC Qatar Banking Commission is one of the five (5) commissions implemented by ICC Qatar. The meeting was attended by representatives of key local banks in Qatar, including Qatar Central Bank, QNB, Commercial Bank Qatar, HSBC, AhliBank amongst others.
About ICC QATAR
ICC Qatar works to connect local businesses to the world – and the world to the businesses of Qatar. As part of the world largest business organisation, ICC Qatar advances the interests of the Qatar business community in trade, investment, and industrial and international relations.