ICC Norway Banking Commission Meeting

The Banking Commission is committed to advancing and modernizing the banking sector, with a strong focus on trade, supply chains, and export finance.

Key topics include:

• Strengthening the ICC Trade Register
• Fair capital treatment of trade finance assets in major legislative initiatives
• Digitization of ICC trade finance rules
• Updating financial crime and risk policies for trade finance transactions
• Revising ICC’s guidelines for processing letter-of-credit transactions ("ISBP")
• Offering expert insights on ICC banking rules

The Norwegian commission consists of representatives from DNB, SpareBank 1, Nordea, SEB, Handelsbanken, Swedbank, and Danske Bank.

The commission meets once every quarter to hold joint meetings.

The Banking Commission meetings are reserved to commission members from our member companies. Are you a trade finance spesialist from a Norwegian bank interested in joining our commission? Contact us at sara@chamber.no for more information.

What is an ICC commission?

ICC global policy commissions are specialized working bodies composed of business experts who address key issues relevant to the business world. They develop policy products, including statements for intergovernmental discussions, as well as rules and codes to facilitate international business transactions.

These commissions bring together members' expertise to shape ICC’s policy and standard-setting activities while also informing members about global regulatory policymaking.

Engaging businesses worldwide, they build consensus on policy matters, share intelligence, and support high-quality policy outputs aligned with ICC’s strategic objectives. Commission leaders are appointed by the ICC Chair for a three-year term, with the possibility of renewal for a second term at the Chair’s discretion.