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ANSI to hold two events with ISO Secretary-General Rob Steele.

Press Release Summary:

June 4, 2010 - On July 20, 2010, ANSI will hold two events where constituents can share their views on standards for financial services and other key issues with Rob Steele. First event will be a town hall-style discussion with Mr. Steele for ANSI members only. Second meeting will focus on Strategic Exploration of ISO Financial Services Standards. Both meetings will also be available by teleconference.

American National Standards Institute - New York, NY

Original Press Release

Save the Date: ANSI to Hold Two Events with ISO Secretary-General Rob Steele on July 20

Press release date: June 1, 2010

Standards for Financial Services To Be Focus of One Event The American National Standards Institute (ANSI) is holding two events where constituents can share their views on standards for financial services and other key issues with Rob Steele, Secretary-General of the International Organization for Standardization (ISO). The gatherings will both be held on July 20, 2010, in the Washington, DC area. ANSI encourages all interested stakeholders to mark the date on their calendars and check back on www.ansi.org/events frequently for information to be posted as it becomes available. Space is limited and registration is required. Both meetings will also be available by teleconference. The first event, to be held from 10:00 to 11:30 a.m., will be a town hall-style discussion with Mr. Steele for ANSI members only. "As the U.S. member body to ISO, ANSI is pleased to offer its Federation of members this vehicle for direct interaction with ISO leadership," explained S. Joe Bhatia, ANSI president and CEO. "This open discussion should afford an excellent opportunity for representatives from the U.S. public and private sectors to have their voices heard." The second meeting will focus on a Strategic Exploration of ISO Financial Services Standards. In the financial services sector, regulators and market players face substantial challenges in their efforts to restore public confidence and create effective, long-lasting conditions to prevent a similar crisis in the future. A number of public and private initiatives are already underway to address these challenges. In many sectors, ISO standards, which are voluntary and do not seek to establish public policies, or regulatory, prudential, or other supervisory measures, are seen as complementary to public policies. They have proven to be efficient and cost-effective tools that support the consistent technical implementation of regulatory-driven initiatives by industry players. ISO believes that international standards have the potential to bring substantial benefits to industry, government, and consumers in all countries of the world to assist the financial services sector in meeting these challenges. As such, ISO is embarking on a strategic activity to explore new ISO standards that could support elements of the financial service sector's value chain. An ISO international workshop on the role of international standards for the global financial services industry is slated for later in 2010. This gathering will provide a unique opportunity to validate initial input and to capture more specific views and requirements from the sector's stakeholders. As the U.S. member body to ISO, ANSI invites all interested U.S. stakeholders to participate in a July 20 event, to be held from 2:00 to 5:00 p.m, to shape ANSI's input to the ISO strategic initiative and the upcoming international workshop. More information on these events will be posted to www.ansi.org/events as it becomes available. Questions can be directed to Steven P. Cornish, ANSI senior director for international policy (scornish@ansi.org; 212.642.4969).

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