ISO: Advancing public-private partnership for e-business standards – The FINANCIAL

The FINANCIAL — An international conference on the key role of International Standards in enabling e-business was organized by ISO, IEC, ITU-T, OASIS, UN/ECE-UN/CEFACT and UPU and supported by the e-business MoU Management Group held on 18-19 September 2008 in Geneva, Switzerland. In his opening address, Mr Howard Mason, Chair of the e-business Memorandum of Understanding Management Group, on behalf of Marek Belka, Executive Secretary of the United Nations Economic Commission for Europe (UN/ECE), introduced the partner organizations and highlighted the objectives of the workshop. Business cases from various sectors both in private and public areas such as e-trade, defence and the retail trade provided examples of the use of standards to support global supply chains. They also advocated the importance of more coordinated efforts involving standards developing organizations and standards users to address priorities and to promote support of international standards by technology vendors. The FINANCIAL — Zurich Financial Services Group (Zurich) announced on October 2 an impairment of about USD 275 million after policyholder allocation and before tax as a result of Sigma Finance Corporation?s (Sigma) notice of default. read more

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