Joint Forum

The Joint Forum was established in 1996 under the aegis of the Basel Committee on Banking Supervision (BCBS), the International Organization of Securities Commissions (IOSCO) and the International Association of Insurance Supervisors (IAIS) to deal with issues common to the banking, securities and insurance sectors, including the regulation of financial conglomerates. The Joint Forum is comprised of an equal number of senior bank, insurance and securities supervisors representing each supervisory constituency.

Chair

Current: Thomas Schmitz-Lippert, Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany
Previous: Therese M. Vaughan, National Association of Insurance Commissioners, United States (January)
  Tony D'Aloisio, Australian Securities and Investments Commission (2010-2011)
  John C Dugan, Comptroller of the Currency, United States (2007-December 2009)
  Dirk Witteveen, de Nederlandsche Bank (2006-September 2007)
  Ian Johnston, Hong Kong Securities and Futures Commission (June-December 2005)
  Gay Huey Evans, UK Financial Services Authority (2004-June 2005)
  José María Roldán, Bank of Spain (2002-2003)
  Jarl Symreng, Finansinspektionen - Sweden (2000-2001)
  Alan Cameron, Australian Securities and Investments Commission (1998-1999)
  Tom de Swaan, de Nederlandsche Bank (1996-1997)

 

Membership

The Joint Forum is comprised of an equal number of senior bank, insurance and securities supervisors representing each supervisory constituency.

Country

Banking

Insurance

Securities

Australia:

 

Australian Prudential Regulation Authority

Australian Securities and Investments Commission

Belgium:

Banking, Finance and Insurance Commission

   

Canada:

 

Office of the Superintendent of Financial Institutions

Autorité des marchés financiers (Québec) 1

France:

Autorité de contrôle prudentiel

Autorité de contrôle prudentiel

Autorité des marchés financiers

Germany:

Bundesanstalt für Finanzdienstleistungs-
aufsicht

Bundesanstalt für Finanzdienstleistungs-
aufsicht

Bundesanstalt für Finanzdienstleistungs-
aufsicht

India:

 

 

Securities and Exchange Board of India

Italy:

Banca d'Italia

 

Commissione Nazionale per le Società e la Borsa

Japan:

Bank of Japan

Financial Services Agency

Financial Services Agency

Netherlands:

 

De Nederlandsche Bank

 

South Africa:

  Financial Services Board

 

South Korea:

Financial Supervisory Service

Spain:

Banco de España  

Comision Nacional del Mercado de Valores

Switzerland:

Swiss Financial Market Supervisory Authority

Swiss Financial Market Supervisory Authority  

United Kingdom:

Financial Services Authority

Financial Services Authority

Financial Services Authority

United States:

Federal Reserve Board &

Office of the Comptroller of the Currency

National Association of Insurance Commissioners

Securities and Exchange Commission

Basel Committee on Banking Supervision

International Association of Insurance Supervisors

International Organization of Securities Commission

European Commission (Observer)

Secretariat:

Basel Committee on Banking Supervision

 

Frequency of meetings

The Joint Forum usually meets three times per year.

 

Main subgroups

1 Effective August 2005, the Ontario Securities Commission and the Autorité des marchés financiers (Québec)(AMF) share this seat on a rotational basis.