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Copyright © International Chamber of Commerce (ICC). All rights reserved. ( Source of the document: ICC Digital Library )
by Dan Taylor
Dan Taylor is President and Chief Executive Officer of the International Financial Services Association and the IFSA Foundation. The International Financial Services Association is a trade association representing over 100 global financial services firms in the area of financial services operations. The IFSA’s representation of the financial services community includes liaison with national and international organizations and governments, legislative and regulatory agencies. The IFSA offers extensive educational programs as well as research and publications on financial services operations. Mr Taylor joined the IFSA in April 1989. He has worked in the field of international banking operations for over 32 years.
Since 1996, Mr Taylor has served as a Vice Chairman of the International Chamber of Commerce, Commission on Banking Technique and Practice and has attended its meetings since 1989. He currently chairs the Banking Commission’s Anti-Money Laundering Task Force. He was a member of the drafting groups for the last two revisions of the Uniform Customs and Practice for Documentary Credits (UCP 500 and UCP 600). Mr Taylor was co-chairman of the ICC Working Group that created the supplement to the Uniform Customs and Practice for Documentary Credits for e-commerce (eUCP). He was Chairman of the working group that created the Uniform Rules for Bank-to- Bank Reimbursements Under Documentary Credits and was a member of the working group that created the International Standby Practices (ISP98). He was an advisor to the US National Conference of Commissioners on Uniform State Law Drafting Committee for the revision of the Uniform Commercial Code Article 5 and has been actively involved in a number of projects of the United Nations Commission on International Trade Law.
Mr Taylor is a member of the Board of Directors of Letter of Credit Survey, Inc., the publisher of Documentary Credit World magazine, and is a member of the Advisory Board of the National Law Center for Inter-American Free Trade. He serves as volunteer President of the Patriots’ Path Council of the Boy Scouts of America, which serves 20,000 youth and has 6,000 adult volunteers in northern New Jersey in the US. He is frequently quoted in the press and speaks regularly around the world on issues relating to the financial services operations industry.
Mr Taylor has published numerous articles on financial services issues and is the author of Bank-to-Bank Reimbursements under Documentary Credits – A Practical Guide to Daily Operations and co-author of the Guide to the eUCP.