Dear Colleagues,

Thank you to all who were able to participate in the January 19th, 2011 Annual Meeting.

For those of you who were not able to join us, we would like to invite you to watch the videos of the event.

From New Rules AGM 1-19-11

From New Rules AGM 1-19-11

From New Rules AGM 1-19-11

From New Rules AGM 1-19-11

Agenda

I. Executive Session: New Rules Board Members Only: 12:00 Noon to 1:00 p.m.

II. Open Meeting of New Rules Members: 1:00 p.m. to 3:00 p.m.

• Welcome: John Sewell, President

• Activity Report: Jo Marie Griesgraber, Executive Director [Watch Video - 6 Minutes]

• • Highlights of 2010
  • Plans for 2011

• Discussion: The FINANCIAL STABILITY BOARD & IMF: The voice of Low Income Countries; The impact on Low Income Countries.

o Introduction by Jo Marie Griesgraber [Watch Video - 8 Minutes]

o Presentation and Discussion by Domenico Lombardi [Watch Video - 32 Minutes]

o Presentation and Discussion by Amar Bhattacharya [Watch Video - 45 Minutes]

o Organized in Partnership with the African Economic Research Consortium, The Brookings Institution, and the University of Missouri/Kansas City.

• Adjourn: 3:00 p.m.

Thanks to Richard Kirby and K&L Gates for hosting.

Summary of Achievements for 2010

• IMF Governance Reform - New Rules worked diligently to ensure that recommendations emanating from its civil society "Fourth Pillar" project on needed reforms were seriously considered by the IMF.
• "South-South Sharing of Successful Tax Practices" - With funding from the UNDP's Special Unit on South-South Cooperation, New Rules along with Tax Justice Network implemented the emerging "S4TP" project in support of the UN Tax Committee's Subcommittee on Capacity Building. Leading tax professionals from low-income countries were enabled to take online courses on tax treaties; a needs-assessment survey of developing-country tax officials was administered; an interactive website was designed for online learning and collaboration among developing country tax administrators, www.s4tp.org; and plans for research and exchange on Climate Change and Taxation and online training via the S4TP website are ready for implementation in 2011.
• New-rules.org Website - New Rules redesigned and re-launched its website as a state-of-the-art communication tool for Members and others concerned about global financial justice. As part of the website redesign, New Rules also launched: 1) an interactive blog that offers analyses of issues related to the global financial crisis written by Michael Prowse, a former staff writer for the Financial Times of London and The Economist, and 2) a Weekly Update that shares selected financial news and a summary of New Rules' activities.
• Financial Stability Board (FSB) - Going forward into 2011, New Rules initiated a project (in partnership with leading investigators of the African Economic Research Consortium, The Brookings Institution, Development Finance International and the University of Missouri/Kansas City) to promote the voice of low-income countries within the FSB, and assess the FSB's rulemaking on LICs.