e banks corporates and logistics companies not necessarily from the initiator

E banks corporates and logistics companies not

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segments i.e., banks, corporates and logistics companies; not necessarily from the initiator of the request but also on the part of the other involved entity. This may be endemic of the cut backs that have been made by organisations over the years and, in particular, with regard to training budgets. I would hasten to add at this juncture that this is not a ‘plug’ for my company’s services (although I am always open to offers!) because this situation has been apparent for some time and from what I am hearing it is not getting any better. Despite my comments above, the level of opinion requests does remain too high, in my opinion, for the ICC Banking Commission to effectively review, discuss and agree on the respective conclusions. In 1999, the ICC Banking Commission introduced a two-tier response service in the face of extraordinary levels of requests. This two-tier service operated between March 1999 and April 2000. Out of 245 requests for opinions that were received during this time, 114 were responded to in an educational capacity. At that time, we were averaging around 60 requests per Banking Commission meeting and the educational responses were seen as a necessity to ensure that we focussed on the main issues. During this time, a request in respect of issues that were of such importance that an opinion was justified, were granted the status of an official opinion. Those requests that were considered to be of an educational nature were responded to in the name of the Officers of the Banking Commission and distributed to ICC national committees for information purposes only, but were never discussed at the meetings. Today, we receive in the region of 15-18 requests per Banking Commission meeting. Whilst only 25% of the number experienced 10 years ago, the number of attendees at ICC meetings has more than doubled and therefore the discussions become longer in an often already overcrowded agenda. A return to a
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  • Fall '17
  • m jkn

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