Page 459 - 2019 6th AFIS & ASMMA

3.5 Main Points: 5. To decide on the regular membership of observers who express an
1. The Host will bear the flight and accommdation expenses of 2 interest in becoming regular member
delegates per participatory organization 5.1 Item Number: 2019-005
2. All participating organizations will bear the flight and 5.2 Type: New
accommodation expenses once all members finished hosting. 5.3 Purpose: To decide by voting
3.6 Description 5.4 Rationale: Observers express their interest in becoming a member
1. Currently, the Host conventionally provides the flight and 5.5 Main Points: To approve the membership of KMC
accommodation for two seats as per each participatory organization
2. Justify the rationale behind the flight and accommodation fees by
adding a clause in the charter 6. To establish guidelines for operating Working Group Committee
2.1 [Host] will bear the flight and the accommodation of 2 delegates 6.1 Item Number: 2019-006
per participatory organization 6.2 Type: Continued
3. Clearly state expense items borne by the Host and participating 6.3 Purpose: To decide by voting by show of hands
organizations when all members finish the host. 6.4 Rationale: To make WGC regular and establish guidelines
3.1 [Host] will bear expenses necessary for the conference other 6.5 Main Points:
than the flight and accommodation paid by participating 1. To make the WGC regular
organizations. 2. To specify when and who will take part in the WGC meeting
3.2 [Participating organization] will bear the flight and 6.6 Description:
accommodation fees, and others for personal purposes 1. To specify Working Group Committee in the Charter
2. [Date] TBC
[Participants] Manager level who has decision making rights and
4. To decide the creation of observer membership working knowledge
4.1 Item Number: 2019-004 3. The Host of the current year will reach WGC participants and notify
4.2 Type: Continued the participants two weeks before the annual meeting
4.3 Purpose: To amend charter 4. The next Host will prepare the draft guideline for the committee,
4.4 Rationale: To Create obersever membership which will be put up for agenda to discuss at the next annual
4.5 Main Points: Seek quantitative and qualitative growth of the ASMMA meeting
community by creating Observer membership
4.6 Description
1. [Eligibility] An organization, located in Asia, shall conduct mortgage 7. Other matters
securitization business 7.1 Suggestion for 2021 Host Country Session II
2. [Rights] They attend the AFIS and ASMMA annual meeting but
have no voting right
3. [Regular membership] They become a regular member upon the
approval of all member

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