Over the last year, AFP has developed a strategic relationship with the U.S. Chamber of Commerce Center for Capital Markets Competitiveness (CCMC) to better advocate for legislative and regulatory issues impacting the finance profession.
AFP members and staff have been active participants in the Business Community Outreach Subcommittee of The Working Group on U.S. RMB Trading and Clearing. Also, several members of the Chamber’s staff are now standing members of AFP’s Treasury Advisory Group (TAG), providing greater insight into current and emerging issues that may impact the profession. Through this participation, the Chamber gains greater insight into AFP members’ views on those issues, informing our shared positions.
Late last year, the CCMC published a new strategy entitled, “Restarting the Growth Engine: A Plan to Reform America’s Capital Markets.” It lays out 14 principal recommendations in nine key areas that may provide some answers and suggestions for the executive and legislative branches and regulatory agencies to help reenergize American businesses and put the country back on a path of growth and economic stability. You can read the report and more by going to www.financinggrowth.com.
On March 30, the CCMC’s 11th Annual Capital Markets Summit will take place at the U.S. Chamber’s headquarters in Washington, D.C. The theme for the summit is Financing American Business, and features a number of keynote addresses by members of Congress, several CEOs of major corporations, and of course the president of the U.S. Chamber, Tom Donohue. AFP member, senior vice president and treasurer for Hilton, Fred Schacknies, will be participating in one of the featured panel discussions, which will discuss the growth trajectory of established companies. Other participants on the panel include representatives from BMO Harris Bank and the international law firm of Winston & Strawn LLP. You can register for that event here.
AFP is committed to advocating for the treasury and finance profession on critical legislative and regulatory issues. AFP’s relationship with the U.S. Chamber of Commerce and the Center for Capital Markets Competitiveness is helping the organization be more effective at addressing those issues.