2013-11-14T11:07:29-06:00 2012-12-31 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2012-01-01 521289843 INSTITUTE OF INTERNATIONAL FINANCE INC INST 2028573600 1333 H STREET NW NO 800E WASHINGTON DC 200054770 TIMOTHY D ADAMS 2028573600 2013-11-13 1 KAREN GRIES P00078514 5712279500 2012 2016-02-25 16:41:14Z TIMOTHY D ADAMS 1333 H STREET NW NO 800E WASHINGTON DC 200054770 36620113 0 X WWW.IIF.COM X 1982 DC TO SUPPORT THE FINANCIAL INDUSTRY IN PRUDENTLY MANAGING RISKS, INCLUDING SOVEREIGN RISK; IN DEVELOPING BEST PRACTICES AND STANDARDS; AND IN ADVOCATING REGULATORY, FINANCIAL, AND ECONOMIC POLICIES THAT ARE IN THE BROAD INTEREST OF OUR MEMBERS AND FOSTER GLOBAL FINANCIAL STABILITY. 37 36 103 36 0 0 0 0 30116917 32829085 430566 830591 1607 7394 30549090 33667070 0 0 0 0 19997885 21420235 0 0 0 9615116 10961605 29613001 32381840 936089 1285230 29193986 34533086 9366819 13492998 19827167 21040088 X TO SUPPORT THE FINANCIAL INDUSTRY IN PRUDENTLY MANAGING RISKS, INCLUDING SOVEREIGN RISK; IN DEVELOPING BEST PRACTICES AND STANDARDS; AND IN ADVOCATING REGULATORY, FINANCIAL, AND ECONOMIC POLICIES THAT ARE IN THE BROAD INTEREST OF OUR MEMBERS AND FOSTER GLOBAL FINANCIAL STABILITY. 0 0 ECONOMIC AND FINANCIAL ANALYSISTHE INSTITUTE PROVIDES ITS MEMBERS WITH HIGH-QUALITY, TIMELY, AND IMPARTIAL ANALYSIS AND RESEARCH ON GLOBAL FINANCIAL AND ECONOMIC DEVELOPMENTS AND OTHER CENTRAL ISSUES IN GLOBAL FINANCE. OUR ANALYSIS BENEFITS FROM IN-DEPTH COVERAGE OF MAJOR MATURE ECONOMIES AND FINANCE. IN 2012, WE PUBLISHED 123 RESEARCH NOTES, 30 INSIGHTS, 7 REGIONAL REPORTS; 3 CAPITAL FLOWS REPORTS; 10 MONTHLY GLOBAL ECONOMIC MONITORS; 10 CAPITAL MARKET MONITORS; DAILY ECONOMIC AND MARKET BRIEFINGS IN ADDITION TO SEVERAL OTHER RESEARCH REPORTS. IN ADDITION TO THESE REPORTS, IIF ECONOMISTS PROVIDE ECONOMIC BRIEFINGS IN A VARIETY OF GLOBAL AND REGIONAL VENUES. EVENTS AND TRAINING PROGRAMSTHE INSTITUTE PROVIDES A WIDE RANGE OF OPPORTUNITIES, IN PERSON AND VIA CONFERENCE CALLS, FOR MEMBERS TO GATHER AND DISCUSS ISSUES OF COMMON INTEREST AND CONCERN ON GLOBAL AND REGIONAL FINANCIAL AND ECONOMIC ISSUES. IN 2012 THE GLOBAL ECONOMIC RECOVERY AND COMMITTEE OR WORKING GROUP MEETINGS AND THE EUROPEAN DEBT CRISIS ALL FIGURED PROMINENTLY IN OUR EVENTS WHICH TOTALED APPROXIMATELY 80 AND INCLUDED PRESENTATIONS ON THE FINANCIAL AND ECONOMIC OUTLOOK, DISCUSSIONS ON RISK MANAGEMENT, DISSEMINATION OF MARKET BEST PRACTICES, ANALYSIS OF THE RECOVERY, RECOMMENDATIONS FOR THE G20, AMONG OTHER THINGS. GLOBAL FINANCIAL SERVICES REGULATIONTHE FOCUS OF THE INSTITUTE'S REGULATORY AFFAIRS WORK IS TWO-FOLD: TO SERVE AS A FORUM FOR DIALOGUE WITH OFFICIALS ON KEY REGULATORY ISSUES AFFECTING THE GLOBAL FINANCIAL SERVICES INDUSTRY AND TO IDENTITY AND DISSEMINATE BEST PRACTICES AND INDUSTRY STANDARDS IN SUCH AREAS AS RISK MANAGEMENT, CORPORATE GOVERNANCE, AND REGULATORY COMPLIANCE. IN 2012, THE IIF RELEASED SEVERAL PUBLICATIONS ON RELATED TOPICS INCLUDING, "SPECIFIC IMPACTS OF REGULATORY CHANGE ON END-USERS: INITIAL REPORT," "SHADOW BANKING: A FORWARD LOOKING FRAMEWORD FOR EFFECTIVE POLICY," "MAKING RESOLUTION ROBUST-COMPLETING THE LEGAL AND INSTITUTIONAL FRAMEWORKS FOR EFFECTIVE CROSS-BORDER RESOLUTION OF FINANCIAL INSTITUTIONS," AND "IIF REPORT ON GOVERNANCE FOR STRENGTHENED RISK MANAGEMENT." THE INSTITUTE HAS ALSO EMPHASIZED THE NEED FOR THE FINANCIAL SERVICES INDUSTRY TO EXAMINE AND IMPROVE ITS OWN PRACTICES AND, CONTINUED TO REVIEW AND ENCOURAGE THE IMPLEMENTATION OF INDUSTRY BEST PRACTICES. THE IIF CONTINUES TO SERVE AS A FORUM FOR DIALOGUE WITH THE FINANCIAL STABILITY BOARD (FSB), BASEL COMMITTEE ON BANKING SUPERVISION (BCBS), AND THE INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS (IOSCO), AMONG OTHERS. CAPITAL MARKETS AND EMERGING MARKETS POLICYTHE INSTITUTE OF INTERNATIONAL FINANCE, INC. WORKS WITH POLICYMAKERS, REGULATORS, AND MULTILATERAL ORGANIZATIONS TO STRENGTHEN THE EFFICIENCY, TRANSPARENCY, STABLILITY, AND COMPETITIVENESS OF THE GLOBAL FINANCIAL SYSTEM, WITH AN EMPHASIS ON VOLUNTARY, MARKET-BASED APPROACHES TO CRISIS PREVENTION AND MANAGEMENT, AND PROMOTES THE DEVELOPMENT OF SOUND FINANCIAL SYSTEMS, WITH AN EMPHASIS ON EMERGING MARKETS. IN 2012, THE INSTITUTE PLAYED A VITAL ROLE IN THE EURO AREA DEBT NEGOTIATIONS AND CONTINUED TO ADVANCE THE IMPLEMENTATION OF THE PRINCIPLES FOR STABLE CAPITAL FLOWS AND FAIR DEBT RESTRUCTURING. DURING 2012, THE PRINCIPLES IMPLEMENTATION PROCESS SUPPORTED TRADITIONAL CRISIS PREVENTION AND RESOLUTION CASES IN ADDITION TO PROVIDING GUIDANCE RELATED TO THE EUROPEAN DEBT CRISIS. THE BENEFITS OF A COOPERATIVE, TRANSPARENT, AND MARKET-BASED APPROACH TO GOOD FAITH NEGOTIATIONS IN THESE CASES CONTRIBUTED TO THE RESTORATION OF EXTERNAL MARKET ACCESS IN COUNTRIES SUPPORTED BY DEBT-RELIEF PROGRAMS. MEMBERSHIP DEVELOPMENTMEMBERSHIP DEVELOPMENT ACTIVITIES INCLUDE, AMONG OTHER THINGS, ONE-ON-ONE MEETINGS WITH OUR MEMBERS TO DISCUSS ISSUES OF CONCERN TO THEM AND TO EXPLAIN THE RANGE OF PRODUCTS AND SERVICES AVAILABLE TO THEM. IT ALSO INCLUDES PRESS RELATIONS AS MANY OF THE TOPICS WE COVER ANALYTICALLY ARE OF INTEREST TO THE PRESS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 103 1 0 1 CH 0 0 0 0 X 37 36 0 0 0 0 1 1 1 1 1 0 0 0 1 1 0 1 1 1 0 0 X THE ORGANIZATION 2028573600 1333 H STREET NW NO 800E WASHINGTON DC 200054770 YOON-DAE EUH 2.00 X 0 0 0 YASUHIRO SATO 2.00 X 0 0 0 WALTER BAYLY 2.00 X 0 0 0 URS ROHNER 2.00 X 0 0 0 SUZAN SABANCI DINCER 2.00 X 0 0 0 PIYUSH GUPTA 2.00 X 0 0 0 PETER WALLISON 2.00 X 0 0 0 PETER SANDS 2.00 X 0 0 0 NOBUYUKI HIRANO 2.00 X 0 0 0 MICHAEL SMITH 2.00 X 0 0 0 MASAYUKI OKU 2.00 X 0 0 0 MARTIN SENN 2.00 X 0 0 0 MARTIN BLESSING 2.00 X 0 0 0 JIANG JIANQING 2.00 X 0 0 0 JIANG CHAOLIANG 2.00 X 0 0 0 JAN HOMMEN 2.00 X 0 0 0 JAMES GORMAN 2.00 X 0 0 0 JAMES JES STALEY 2.00 X 0 0 0 JACKO MAREE 2.00 X 0 0 0 IBRAHIM DABDOUB 2.00 X 0 0 0 HASSAN EL SAYED ABDALLA 2.00 X 0 0 0 GERALD HASSELL 2.00 X 0 0 0 GARY COHN 2.00 X 0 0 0 FREDERIC OUDEA 2.00 X 0 0 0 FRANCISCO GONZALEZ 2.00 X 0 0 0 FEDERICO GHIZZONI 2.00 X 0 0 0 CHANDA KOCHHAR 2.00 X 0 0 0 BAUDOUIN PROT 2.00 X 0 0 0 AXEL WEBER 2.00 X 0 0 0 ANSHU JAIN 2.00 X 0 0 0 ANDREAS TREICHL 2.00 X 0 0 0 DOUGLAS FLINT 2.00 X X 0 0 0 CHARLES DALLARA 40.00 X X 3933180 0 43619 WALTER B KIELHOLZ 2.00 X X 0 0 0 ROBERTO SETUBAL 2.00 X X 0 0 0 RICK WAUGH 2.00 X X 0 0 0 MARCUS WALLENBERG 2.00 X X 0 0 0 BARRIE ORELLANA 40.00 X 430815 0 37997 PHILIP SUTTLE 40.00 X 771633 0 37997 KEVIN NIXON 40.00 X 344792 0 27042 HUNG TRAN 40.00 X 826933 0 25000 JEFFREY ANDERSON 40.00 X 493795 0 25000 GREGORY FAGER 40.00 X 499245 0 29366 GEORGE ABED 40.00 X 588023 0 25000 DAVID SCHRAA 40.00 X 550079 0 29306 ABDESSATAR OUANES 40.00 X 472380 0 25000 8910875 0 305327 50 0 1 0 VOGL COMMUNICATIONS 2000 P ST NW 408 WASHINGTON DC 20036 PRESS RELATIONS 150000 1 MEMBERSHIP DUES 900099 28530421 28530421 SPONSORSHIP INCOME 900099 3742228 3742228 REGISTRATION FEE INCOME 900099 556436 556436 32829085 347637 347637 3435997 2953043 482954 482954 482954 OTHER INCOME 900099 7394 7394 7394 33667070 29086857 0 4580213 6594511 11649056 935588 1463120 777960 192309 113437 582303 1215202 1638108 2780147 3363964 523734 75236 SUBSCRIPTIONS AND BOOKS 343485 TAX,INSURANCE AND FEES 99974 MISCELLANEOUS EXPENSES 33706 32381840 -52864 -52383 18906614 24119746 653349 423515 525916 352623 3836422 2923490 1148515 912932 8012456 8776653 29193986 34533086 1816846 1432254 7190175 11856423 359798 204321 9366819 13492998 X 19827167 21040088 19827167 21040088 29193986 34533086 1285230 -72309 0 X 0 1 X 1 0 963218 737694 225524 1699045 1314322 384723 1174159 871474 302685 912932 DEFERRED RENT 204321 204321 X 33594761 -72309 -72309 33667070 0 33667070 32381840 0 32381840 0 32381840 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE INSTITUTE ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE INSTITUTE EVALUATED ITS INCOME TAX POSITIONS AND DETERMINED THAT THEY ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. THE INSTITUTE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2009 TO 2011 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. EAST ASIA AND THE PACIFIC - 1 1 PROGRAM SERVICES THE GOAL OF THE INSTITUTE OF INTERNATIONAL FINANCE, INC.'S ASIA REPRESENTATIVE OFFICE IN BEIJING IS TO FACILITATE THE EXCHANGE OF IDEAS, EXPERIENCE, KNOWLEDGE AND CONTACTS BETWEEN THE RAPIDLY GROWING FINANCIAL SERVICES INDUSTRY OF ASIA AND ITS COUNTERPARTS ACROSS THE WORLD. THE OFFICE PLAYED A CENTRAL ROLE IN DEEPENING AND EXPANDING INSTITUTE OF INTERNATIONAL FINANCE, INC. ACTIVITIES IN THE REGION AND IN SUPPORTING THE ASIAN FINANCIAL SECTOR AS IT ASSUMES A GREATER ROLE AND VOICE IN THE INTERNATIONAL FINANCIAL COMMUNITY. THE OFFICE WAS ESTABLISHED TO COORDINATE A WIDE RANGE OF ACTIVITIES IN ASIA; TO ENHANCE OUR ABILITY TO MEET THE NEEDS OF OUR ASIAN MEMBERS IRRESPECTIVE OF DIFFERENCES IN TIME, LANGUAGE, AND CULTURE; TO INFORM MEMBERS IN THE REGION OF THE INSTITUTE OF INTERNATIONAL FINANCE, INC.'S ONGOING RESEARCH AND ANALYSIS; TO ENCOURAGE MEMBERS TO ACTIVELY PARTICIPATE IN THE GLOBAL REGULATORY DIALOGUE; AND TO IDENTIFY COMMON INTERESTS ON KEY POLICY ISSUES. 545574 1 1 0 0 1 1 545574 0 545574 0 0 0 0 0 0 X 1 1 X X X 0 0 0 CHARLES DALLARA 1758989 0 2150000 0 24191 0 25000 0 18619 0 3976799 0 0 0 BARRIE ORELLANA 228890 0 200000 0 1925 0 25000 0 12997 0 468812 0 0 0 PHILIP SUTTLE 386633 0 385000 0 0 0 25000 0 12997 0 809630 0 0 0 KEVIN NIXON 209792 0 135000 0 0 0 25000 0 2042 0 371834 0 0 0 HUNG TRAN 391657 0 430000 0 5276 0 25000 0 0 0 851933 0 0 0 JEFFREY ANDERSON 322004 0 165000 0 6791 0 25000 0 0 0 518795 0 0 0 GREGORY FAGER 330217 0 165000 0 4028 0 25000 0 4366 0 528611 0 0 0 GEORGE ABED 338023 0 250000 0 0 0 25000 0 0 0 613023 0 0 0 DAVID SCHRAA 300000 0 250000 0 79 0 25000 0 4306 0 579385 0 0 0 ABDESSATAR OUANES 270221 0 200000 0 2159 0 25000 0 0 0 497380 0 0 0 PART I, LINE 1A PERSONAL SERVICES ARE PROVIDED TO CHARLES DALLARA AND THE AMOUNTS ARE INCLUDED IN HIS REPORTABLE COMPENSATION ON FORM W-2. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF DIRECTORS MAY APPOINT SUCH COMMITTEES, INCLUDING AN EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, AS IT SHALL DEEM FIT. SUCH COMMITTEES SHALL HAVE SUCH POWERS, EXCEPT THE POWER TO AMEND THE BY-LAWS OR TO FILL VACANCIES ON THE BOARD, AS THE BOARD OF DIRECTORS MAY DETERMINE. FORM 990, PART VI, SECTION A, LINE 6 FULL MEMBERS AND ASSOCIATE MEMBERS FORM 990, PART VI, SECTION A, LINE 7A FULL MEMBERS ELECT 29 OF THE INSTITUTE'S AUTHORIZED DIRECTORS AND THE BOARD OF DIRECTORS ELECT THE REMAINING 7 DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS APPROVE THE BOARD RECOMMENDED BUDGET. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTING FIRM, REVIEWED BY THE ACCOUNTING MANAGER, REVIEWED AND FINALIZED BY THE DIRECTOR OF FINANCE, THEN REVIEWED AND SIGNED BY THE MANAGING DIRECTOR BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS HAVE ESTABLISHED A SEPARATE COMPENSATION COMMITTEE WHICH REVIEWS THE COMPENSATION OF THE ORGANIZATION CEO. THIS INCLUDES A REVIEW OF COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION OF THE ORGANIZATION'S CEO. THE PROCESS LAST TOOK PLACE IN 2012. THE MANAGING DIRECTOR REVIEWS MARKET COMPENSATION DATA FOR KEY EMPLOYEES AS PROVIDED BY THE DIRECTOR OF FINANCE AND ADMINISTRATION. THIS PROCESS TOOK PLACE IN 2012. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.