reports and studies
Turner in Australia and New Zealand
February 13-16, 2012, Australia and New Zealand
Turner will present results from a forthcoming PERC
study on the impacts of credit reporting regime change upon
credit markets and the economy in Australia and New Zealand. He will
address industry senior executives, government officials, journalists
and other audiences during a four city, two country tour.
Business Advisory Council Financial Services Capacity Building
8, 2011: Honolulu, Hawaii
behalf of the Asia-Pacific Credit Coalition, PERC CEO & President
at the APEC Business Advisory Council Financial Services Capacity
Building meeting on Nov. 8th in Honolulu, HI. This event preceded the
APEC CEO Summit, also in Honolulu.
Annual Credit Reporting and Risk Management Workshop
26-30, 2011: Kuala Lumpur, Malaysia
Robin Varghese attended
and presented at the Third Annual Credit Reporting and Risk
Management workshop held in Kuala Lumpur. The workshop, geared toward
regulators, boasted attendees from more than three dozen
countries--namely from Africa, Asia and Latin America. The Access to
Finance division of the International Finance division of the
International Finance Corporation organized and programmed the
workshop. In his presentations, Dr. Varghese discussed the research
behind the inclusion of non-financial information for risk assessment
and showed ways in which it can perhaps be better than any other
measure to facilitate financial inclusion. He also presented some
preliminary findings from PERC's revalidation of its alternative data
research. The findings showed that even after the financial crisis
the inclusion of utility data still expands access to finance and
considerably helps consumers.
Promise of Alternative Data: Financial Inclusion and Its Challenges"-
Financial Access Through Regional Public Private Cooperation Forum
2011: Tokyo, Japan
September 6 through September 8, PERC's Director of International
Operations Dr. Robin Varghese attended and presented at the Expanding
Financial Access Through Regional Public-Private Cooperation Forum
for regulators and policymakers in Tokyo. The forum was sponsored by
Citigroup, and co-organized by a number of organizations including
APCC, PERC, the APEC Business Advisory Council (ABAC) and the Asian
Development Bank Institute (ADBI) to name a few. Policymakers and
regulators from more than a dozen APEC and /or ASEAN member states
were in attendance.
and PERC organized the second day session on "Improving
Information Sharing and Prudential Lending for Greater Financial
Inclusion." In three panels, experts, including Dr. Robin
Varghese and APCC members Anthony Hadley of Experian and Celina Leung
of TransUnion, presented key economic and legal concepts, regulatory
frameworks and operational lessons for regulators as they consider
how to structure credit reporting in more inclusive ways. The third
day also included a discussion of credit reporting for SME financing,
organized by APCC member Tom Clark of G.E. Capital.
Promise of Alternative Data: Financial Inclusion and Its Challenges"-
Reporting & Sustainable Financial Inclusion: The Promise of
Well-Structured Information Sharing” - Michael Turner;
presented by Robin Varghese
2011 World Credit
May 19-21, 2011 -
PERC in Sydney, Australia
President Dr. Michael Turner served as a keynote speaker at the 2011
World Credit Congress, speaking on credit reporting reform within the
Asia Pacific region and serving as a member of a discussion panel.
PERC supporter Dun & Bradstreet Australasia was the Platinum
Sponsor for the event. For more information, please visit the World
Credit Congress site.
Reporting Trendsin Asia-Pacific and Globally” -Michael Turner
SME Enterprise Seminar
21, 2010: Sendai, Japan
Dr. Robin Varghese presented on “How Information Sharing Can
Improve Access to Finance for SMMEs: Some Lessons for APEC Economies”
at a Seminar On “Getting Credit For Small And Medium
Enterprises.” The seminar, part of the Ease of Doing Business
(EoDB) program, aimed to deepen knowledge of utilizing credit
information to establish a better credit access environment. Vaghese
chaired working group sessions on information sharing and credit
access for regulators from twenty-one countries. The meetings were
part of the APEC Third Senior Financial Officials Meeting.
Business Advisory Council Third Meeting
26, 2010: Bangkok, Thailand
Varghese and Tom Clark presented on “Credit Information and
Legal Infrastructure for Consumer & SMME Financing:
Considerations for APEC 2011 Initiatives,” at the APEC Business
Advisory Council Third Meeting. While this meeting, APCC and PERC met
with officials from US Treasury, the finance ministries of Australia,
Japan, and the Philippines, as well as the Alliance for Financial
Inclusion and ABAC. The meeting discussed the content and programming
of the financial inclusion initiative that will be sponsored by the
United States in the coming year. APCC proposed an agenda for policy
maker education and outreach on credit information sharing and
16, 2010: Manila, Phillippines
Hadley of Experian presented on “Promoting Financial Inclusion
and SME Lending: Establishing Financial Identity” at the
SEACEN-ABAC-ABA-PECC Dialogue, Promoting Inclusive Growth In The
Region in Manila.
Public-Private Sector Forum
2010: Sapporo, Japan
Robin Varghese presented on financial identity and
information-sharing at the APEC Public-Private Sector Forum On The
Development Of Bond Markets And Financial Inclusion. The meetings
were part of the APEC Second Senior Financial Officials Meeting.
While in Sapporo he was asked to participate in a meeting with the
finance ministries of the United States, Australia, Japan, and the
Philippines on a financial inclusion agenda for 2011.
Financial System Advisory Group Meeting
2010: Taipei, Taiwan
Clark, of GE Capital, presented on behalf of APCC at the meeting of
the Advisory Group On APEC Financial System Capacity-Building, APEC
Financial Inclusion Forum, and APEC Financial Inclusion Initiative.
Clark spoke about information sharing and presented on reforms that
can assist in the development of financial identity.
Meeting of ABAC Advisory Group on Financial System Capacity-Building
and the APCC were represented by Dunn and Bradstreet Australasia in
Multi-Level Lending in China Conference
19-20, 2009: Beijing, China
by PERC and Peking University, the two-day conference hosted over two
hundred attendees and a dozen speakers and experts. The main topics
included challenges and opportunities for China's reform, innovation
in its financial system, and developing a multi-level lending market
amid the global financial crisis.
Presents at the SEACAN/ABAC/ABA/PECC Public-Private Dialogue for the
27-28, 2009: Bangkok, Thailand
the APCC, PERC's Robin Varghese sat on the panel of experts at the
fifth annual meeting.
APEC Business Advisory Council Meeting
Michael Turner represented the APCC at the Second APEC Business
Advisory Council meeting in Brunei Darussalam. Dr. Turner's
presentation focused on credit reporting standards in the
Business Advisory Council(ABAC)
Michael Turner attended the first meeting of the APEC Business
Advisory Council. Turner participated in discussions about financial
identity and credit reporting systems as part of a larger, APEC-wide
financial inclusion adenda.
Institute of Credit Management National Conference
APCC sponsored Dr. Michael Turner spoke at the AICM 2008 conference.
Dr. Turner provided conference delegates with insights on the 2008
World Consumer Credit Conference in Rio and spoke on implications for
presents at SEACEN/ABAC/PECC Public-Private Dialogue for the Asia
18-19, 2008: Kuala Lumpur, Malaysia
Michael Turner, representing for the Asia-Pacific Credit Coalition,
presented at the fourth SEACEN/ABAC/PECC Public-Private Dialogue for
the Asia Pacific Region. The theme of the conference is "Basel
II Implementation and the Development of Asia's Financial Systems:
Experience, Challenges and Regional Cooperation." Dr Turner
presented on promoting robust credit reporting standards.
Law Reform Commission Calls for Comprehensive Credit Reporting System
Australian Law Reform Commission recommended Australia switch from
its currently negative-only regime to a comprehensive system. Read
the full report here.
Peking University International Academic Conference on Personal
7-8, 2008: Beijing, China
along with the Peking University-ACOM Financial Information Research
Center (PAFIRC) in Beijing, China, hosted a two-day conference of
presentations by internationally-renowned scholars and industry
experts in the field of personal credit reporting.
Releases Australian White Paper
Hill: November 25, 2008
released "Roadmap to Reform", detailing the benefits of
comprehensive credit reporting, as well as describing transitional
challenges of switching to a full-file system.
Bankers Association Annual Conference
Thailand: October 30-31, 2008
Walker from the Political and Economic Research Council and Uli
Zeisluft from FairIsaac represented the APCC at the Asian Bankers
Association 25th General Meeting and Conference. For more
information, please see the ABA's home page at www.aba.org.tw.
Institute of Credit Management 2008 National Conference
APCC sponsored Dr. Michael Turner to speak at the AICM 2008
conference. Dr. Turner provided conference delegates with insights on
the 2008 World Consumer Credit Conference and spoke about
implications for Australia.
White Paper Released
Sharing and Credit Access: Lessons for Policy, an APCC white
paper on the economic effects of sharing consumer credit information.