Financial Services

Trends and Challenges for the Financial Services Sector:

  • Actions by governments and central banks following the financial crisis to reduce interest rates, help recapitalize major banks, and get credit flowing more normally were necessary steps toward restoring confidence in the banking system, although they have not yet produced their full effect.
  • Financial markets need stability and an effective regulatory and supervisory framework.

USCIB’s Response:

  • Develop recommendations for governments and international organizations on international economic and financial policy, investment, and debt, U.S. monetary and exchange rate policies, and structural issues
  • Provide a forum for the exchange of information and ideas on U.S. and international economic policy issues.
  • Support WTO negotiations that include all aspects of financial services, emphasizing transparency of existing rules, regulatory reform and liberalization of barriers.
  • Avoid financial and investment protectionism.
  • Maximize ICC contributions promoting WTO financial services liberalization, including implementation of an active program informing governments of ICC positions on liberalization of financial services and insurance.

Magnifying Your Voice with USCIB:

  • USCIB is the only U.S. business association formally affiliated with the world’s three largest business organizations where we work with business leaders across the globe to extend our reach to influence policymakers in key international markets to American business
  • Build consensus with like-minded industry peers and participate in off-the-record briefings with policymakers both home and abroad.

Positions and Statements

Robinson Shares US Perspective During Virtual Briefing on Socio-Economic Impacts of COVID-19 With ILO Director General (5/14/2020) - USCIB President and CEO Peter Robinson joined International Organization of Employers (IOE) members from around the world in a virtual
USCIB Congratulates Colombia on Formally Becoming OECD Member (4/30/2020) - The Organization for Economic Cooperation and Development (OECD) announced today that Colombia has formally become an OECD Member as of

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News Stories

Robinson Shares US Perspective During Virtual Briefing on Socio-Economic Impacts of COVID-19 With ILO Director General (5/14/2020) - USCIB President and CEO Peter Robinson joined International Organization of Employers (IOE) members from around the world in a virtual
USCIB Congratulates Colombia on Formally Becoming OECD Member (4/30/2020) - The Organization for Economic Cooperation and Development (OECD) announced today that Colombia has formally become an OECD Member as of

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Press Releases

USCIB Commends Phase 1 China Deal, Urges Further Negotiations (1/15/2020) - China continues to be an important market for U.S. business, and we recognize the progress on food and agricultural export

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Donnelly Joins USCIB as Vice President of Investment and Financial Services (9/7/2011) - New York, N.Y., September 7, 2011 – Shaun Donnelly, a career diplomat who has held several senior executive branch posts,

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Staff

Shaun Donnelly
Vice President, Investment and Financial Services
202-617-3156 or sdonnelly@uscib.org

Staff

Christopher Olsen
Policy & Program Associate, Washington
202-617-3156 or colsen@uscib.org

 

Staff Contact:   Shaun Donnelly

Senior Adviser
Tel: 202.682.1221

Shaun Donnelly oversees USCIB’s work on foreign investment policy, treatment of multinational enterprises, financial services and anti-corruption. A career diplomat who has held several senior executive branch posts and joined USCIB in 2011, Donnelly leads business efforts to open markets abroad for American investment and financial services, and to promote high standards of protection for cross-border investment, both in the United States and overseas.
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