The Executive Director of the St. Maarten Chamber of Commerce & Industry, Mr. Claret Connor attended the Corporate Registers Forum (CRF), which was held in Rio de Janeiro from March 17 to March 21, 2014.
The Corporate Registers forum brings together over 350 delegates from the private and public sectors, namely: trading boards, chamber of commerce agencies, and departments for economic development, financial service commissions, and financial auditors, ministries of businesses, notaries and law offices. The countries represented at the CRF were the United States, Canada, South America, Asia, India, European Union, Russia, Africa, and the Caribbean.
The first CRF conference was held in 2013 and has since evolved into an environment where experiences and achievements in best practices in the areas of corporate registration is presented and shared from a global and ever changing prospective.
The St. Maarten Chamber in 2014 has become the newest member of CRF. As a member, it will benefit from practical and useful trends in the area of the corporate registry and how these trends are managed for sustainable economic growth.
The CRF members has access to global best practices for establishing economic environments conducive for promoting corporate social responsibility as well as championing ease of doing business, integrity and accuracy of information.
Mr. Tim Moss, President of the CRF is the registrar of companies and the CEO of the Companies House in the UK. In his address to the delegates, Mr. Moss stated that "technology, security, transparency and credibility" were the anchor words that guided international corporate registries good business practices".
Mr. Moss further explained that in 2013, a total of 530K corporations were registered in the United Kingdom. This was a new record for the country and was a result of the many advances and efficiency in the registry system. Mr. Moss also stated that in some instances it took a very short time to register a company, which propelled financial activity for the country to the tune of approximately 235 million Sterling Pounds.
Another presenter, Ms. Many McDonald explained how effortless it was to register a company in New Zealand. A whopping 98% of New Zealand’s corporate registry services are available online. Last year more than 500K corporate registries were created. New Zealand is regarded by the World Bank as the top ranking country for efficient corporate registry processes.
Picture Captioned: (L-R) Michal Brosnahan CRF Secretariat from New Zealand, Rik Dunn CRF Executive Board Member from the Netherlands, Claret Connor St. Maarten Chamber of Commerce and Industry Executive Director and Tim Moss CRF President from United Kingdom.
(L-R) CRF Secretariat from New Zealand, CRF Executive Board Member from the Netherlands, St. Maarten Chamber of Commerce and Industry Executive Director and CRF President from United Kingdom.