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 (mandate).

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-November 2012)
  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: National Bank of Belgium National Bank of Belgium  
Canada:   Office of the Superintendent of Financial Institutions Autorité des marchés financiers (Québec) 1
China: China Banking Regulatory Commission    
France: Autorité de contrôle prudentiel et de résolution Autorité de contrôle prudentiel et de résolution Autorité des marchés financiers
Germany: Bundesanstalt für Finanzdienstleistungsaufsicht Bundesanstalt für Finanzdienstleistungsaufsicht Bundesanstalt für Finanzdienstleistungsaufsicht
India:   Insurance Regulatory and Development Authority 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
United Kingdom: Prudential Regulation Authority/
Financial Conduct Authority
Prudential Regulation Authority/
Financial Conduct Authority
Prudential Regulation Authority/
Financial Conduct 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
International Monetary Fund (Observer)
European Commission (Observer)
Financial Stability Institute (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.