[24525]
September 3, 2010
TO: INTERNATIONAL COMMITTEE No. 11-10INTERNATIONAL INVESTING SUBCOMMITTEE No. 6-10 RE: PRELIMINARY AGENDA FOR INTERNATIONAL COMMITTEE MEETING - OCTOBER 6, 2010
A preliminary agenda for the International Committee meeting on Wednesday, October 6, 2010 is attached. We are expecting a full meeting and are pleased to announce that Guy Sears from the U.K.’s Investment Management Association will be at the meeting to discuss the UK FSA’s consultation proposing significant changes to its remuneration code. ICI staff also will join the discussion regarding this topic from the US perspective. We will also discuss issues and reforms in the US and European capital markets with Guy and ICI staff, comparing US and MiFID approaches. The presenters will be available to address questions.
We will also have a discussion on the US Foreign Account Tax Compliance Act by Keith Lawson, ICI’s Senior Counsel for Tax Issues. Keith, too, will be available to answer questions.
In addition, we will discuss several issues related to India, including margin requirements and the new declaration and undertaking requirement which requires, among other things, prior SEBI approval for the issuance of a new share class for multi-share class vehicles. Lastly, we will also have time for Committee members to raise issues on which they wish to seek input from other members.
The committee meeting will be held at the Investment Company Institute in Washington, D.C. with offsite locations in San Mateo, California and London. The California and London meetings will be hosted by Franklin Templeton Investments. The meeting will begin promptly at 12 p.m. Eastern time (9 a.m. Pacific time and 5 p.m. London time) and will last for approximately 2 ½ hours. Please note that we expect the meeting to be longer than the committee’s usual 2 hour meeting due to the full agenda. Lunch or a continental breakfast will be available at the US locations before the meeting. Details for the three locations are listed below.
A preliminary agenda is attached for your information.
Please register for the meeting online via Cvent at http://members.ici.org/reg/ic as soon as possible. If you have questions about registration, please contact Ruth Tadesse at 202/326-5836 or rtadesse@ici.org. If you have additional agenda items to suggest, please feel free to contact me (202-326-5813 or solson@ici.org).
Committee members may participate in person in one of three locations:
Washington, D.C
Investment Company Institute
1401 H Street, N.W.
Washington, D.C. 20005
David Silver Conference Room, 12th Floor
Site Contact: Ruth Tadesse
Phone: 202-326-5836
San Mateo, California
Franklin Templeton Investments
One Franklin Parkway
920 Park Place
San Mateo, California 94403-1906
Executive Board Room, 4th Floor
Site Contact: Shirley Johnston
Phone: 650-312-4839
Map to San Mateo, CA
London, United Kingdom
Franklin Templeton Investments
The Adelphi, 11th Floor
1-11 John Adam Street
London, WC2N 6HT
Boardroom
Site Contact: Charles Fuller
Phone: + 44-207-073-8586
London Map
We look forward to seeing you on October 6th.
Susan Olson
Senior Counsel - International Affairs