OVERVIEW

The International Bankers Association provides a forum for its members to communicate their views on financial issues and conditions.

Membership is open to foreign financial groups, commercial banks, securities companies and bank and securities company representative offices.

The Association's organization consists of the Executive Committee, the Banking Sector Committee (BSC), the Securities Sector Committee (SSC), and the Secretariat.

The 18-member Executive Committee is elected annually by the membership at an annual general meeting and has responsibility for the determination and pursuit of the Association's objectives and policies in close coordination with the Secretariat. The Office of the Chairman consists of the Chairman, the Vice Chairman (Member Services) and the Vice Chairman (Finance and Administration). All of the Executive Committee members are CEOs or General Managers.

The activities of the Association are managed by the Secretariat under the Executive Director. The Secretariat maintains close contact with members and monitors their requirements to ensure that its services are responsive to changing needs and interests.

OBJECTIVES AND PURPOSES

The objectives and purposes of the International Bankers Association are:

(i) to act as a clearinghouse for the exchange of ideas and information, and thereby to promote greater cooperation among foreign financial groups, commercial banks, securities companies, and bank and securities company representative offices in Japan;

(ii) to represent the interests of its members in relation to all aspects of their business in Japan;

(iii) to provide a vehicle for placing before the Government of Japan and other organizations that seek to influence the financial services industry the views of its members regarding issues affecting their business;

(iv) to conduct research and disseminate information to its members in connection therewith; and

(v) to make available the collective knowledge and experience of member firms by way of representations to such organizations, and, for this purpose, to gain representation for the IBA on committees, governmental or otherwise, which shall attempt to influence the Industry. 

Such purposes, however, do not include acting as a self-regulatory or similar organization for the financial services industry or any segment thereof.

Please feel free to contact the IBA Secretariat for additional information.