irs program accomplishments · form 990 part iii · fy2025
What they reported doing
- #1 primary $0FINANCIAL CRIMES CONFERENCE: THE IIB'S ANNUAL FINANCIAL CRIMES CONFERENCE PROVIDES A FORUM FOR INTERNATIONAL BANKERS AND THEIR LEGAL AND COMPLIANCE ADVISORS TO HEAR FROM INDUSTRY LEADERS, FEDERAL AND STATE REGULATORS, AND PRIVATE-SECTOR EXPERTS ON THE HOTTEST TOPICS IN THE AML SPACE AND THE LATEST BSA/OFAC DEVELOPMENTS.
- #2 $0REGULATORY COMPLIANCE CONFERENCE: THE REGULATORY COMPLIANCE CONFERENCE FEATURES SENIOR PRUDENTIAL AND MARKET REGULATORS WHO WILL SHARE THEIR INSIGHTS ON REGULATORY AGENDAS, SUPERVISORY EXPECTATIONS, AND ENFORCEMENT TRENDS. ATTENDEES WILL ALSO HEAR FROM PRIVATE-SECTOR EXPERTS WHO WILL DISCUSS THE LATEST DEVELOPMENTS AND EMERGING ISSUES IN COMPLIANCE FOR INTERNATIONALLY HEADQUARTERED FINANCIAL INSTITUTIONS, AS WELL AS OBSERVATIONS ON BEST PRACTICES FOR EFFECTIVE COMPLIANCE FRAMEWORKS.
named programs · 5 · from sources
What they call their work
Annual Anti-Money Laundering Seminar
One-day seminar in May featuring government and private-sector experts on AML issues affecting international banks operating in the U.S.
Annual Seminar on U.S. Taxation of International Banks
Two-day seminar in July with Treasury/IRS officials and tax experts reviewing key tax issues affecting foreign-based banks in the U.S.
Financial Crimes Conference
Annual forum for international bankers and compliance advisors to discuss AML, BSA, and OFAC developments with regulators and industry experts.
Regulatory Compliance Conference
Gathers senior prudential and market regulators and private-sector experts to discuss compliance trends and supervisory expectations for international financial institutions.
Virtual DC Summit
One-day virtual conference connecting U.S. and international policymakers with financial industry leaders to discuss policy and market issues affecting international banking.
activities · 4 groups
What they do
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Industry Advocacy and Regulatory Engagement 1 activity
- Advocacy for equitable regulatory treatment of international banksAdvocates on behalf of over 80 internationally headquartered financial institutions from around 35 countries for equitable treatment under U.S. federal and state banking laws and regulations, including through formal comment letters to regulators such as the Financial Stability Board, Office of the Comptroller of the Currency, and New York Department of Financial Services.
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Economic and Financial Research 1 activity
- Conducting economic research on the impact of international banks in the U.S.Conducts and publishes research demonstrating the economic significance of U.S. operations of international banks, including findings on debt underwriting, lending to U.S. companies, project finance, trade finance, payments volume, employment, payroll, retirement contributions, and support for foreign direct investment.
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Professional Networking Events 1 activity
- Hosting annual conferences and seminars for international banking professionalsOrganizes and hosts multiple annual events including a Regulatory Compliance Conference, a Financial Crimes Conference, an Anti-Money Laundering Seminar, and a Seminar on U.S. Taxation of International Banks, which convene senior regulators, government officials, legal and compliance experts, and banking executives to discuss key regulatory and industry developments.
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Member-Exclusive Resource Access 1 activity
- Providing capacity-building resources and member engagement opportunitiesSupports member institutions through committees and working groups on issues affecting foreign banking organizations, members-only briefings, webinars, a Weekly Outlook newsletter, access to a resource-rich members-only website, discounted event rates, CLE/CPE credit opportunities, and forums for networking and benchmarking.
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financials · form 990 · fy2025
revenue
Total revenue$7.22M
Contributions & grants$00%
Program service revenue$6.90M96%
Investment income$323K4%
Other revenue$0
expenses
Total expenses$6.67M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$3.45M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$12.55M
Cash$6.11M
Investments$3.47M
Liabilities$8.21M
Net assets$4.34M
Liquid reserves17.2 mo
6 years on record · 2020–2025 · YoY revenue +5.2%
leadership · form 990 part vii · fy2025
Who runs it
paid leadership · 9
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| BETHANY A ZORC | CHIEF EXECUTIVE OFFICER | 40 | $998K |
| STEPHANIE WEBSTER | GENERAL COUNSEL | 40 | $643K |
| KYLE SIMPSON | DIRECTOR OF GOVERNMENT RELATIONS | 40 | $279K |
| MICHELLE A MEERTENS | DEPUTY GENERAL COUNSEL | 40 | $274K |
| JAMES STRYPE | DIR. IT & INFRASTRUCTURE | 40 | $213K |
| DANIELA COLUCCI DIXON | EVENTS AND SPONSORSHIPS MANAGER | 40 | $163K |
| GARRETT D HAWKINS | DIRECTOR OF COMMUNICATIONS | 40 | $160K |
| MAURA CHRIST | EXECUTIVE ASSISTANT | 24 | $151K |
| JANA CONNER | CHIEF OPERATING OFFICER | 40 | $66K |
board members · 15
- ADAM HOPKINS — TRUSTEE
- AMIT VERMA — TRUSTEE
- ANGIE KARNA — CHAIR, FIN. & AUDIT COMMITTEE
- BILL WOODLEY — TRUSTEE
- BRIAN FULLAN — TRUSTEE
- BRIAN YOSHIDA — TRUSTEE
- CARL F AMENDOLA — TRUSTEE
- CAROLINA BEGHELLI — TRUSTEE
- CHRISTIAN STEFFENS — TRUSTEE
- GERRY KEEFE — TRUSTEE (OUTGOING)
- GLENN GIBSON — TRUSTEE
- HENRIK M STEFFENSEN — TRUSTEE
- JASON HENDERSON — TRUSTEE
- JAVIER RODRIGUEZ — TRUSTEE
- JOHN GEREMIA — SECRETARY
relationships · 23
Who they work with
- Bank Policy Institute Partner — Jointly submitted a comment letter to the Financial Stability Board on AI practices in banking.
- Bank of Communications Network — Member banking organization within the Institute of International Bankers network.
- Bundesverband deutscher Banken Network — Member banking association within the Institute of International Bankers network.
- Canadian Bankers Association Network — Member banking association within the Institute of International Bankers network.
- EY Network — Gold Level Associate Professional Member of the Institute of International Bankers.
- European Banking Federation Network — Member banking association within the Institute of International Bankers network.
- Federal and State Regulators Government — Engages federal and state regulators as speakers and participants in conferences and seminars on anti-money laundering and regulatory compliance.
- Federation Bancaire Francaise Network — Member banking association within the Institute of International Bankers network.
- Financial Stability Board Government — Recipient of joint comment letter from IIB and BPI on responsible adoption of artificial intelligence in financial services.
- Financial Stability Board (FSB) Partner — Collaborates by providing feedback on the FSB's AI Practices Report.
- Japanese Bankers Association Network — Member banking association within the Institute of International Bankers network.
- Liechtenstein Bankers Association Network — Member banking association within the Institute of International Bankers network.
- NYDFS Government — Engages with NYDFS through formal recommendations, such as on stablecoin issuers proposals.
- New York Department of Financial Services Government — Received recommendations from IIB on aligning stablecoin issuer regulations with federal innovation goals.
- Office of the Comptroller of the Currency Government — Submitted formal comment letter on proposed regulatory rulemaking.
- Oliver Wyman Partner — Management-consulting firm that conducted the economic impact study on the role of international banks in the U.S. economy.
- Pillsbury Winthrop Shaw Pittman Network — Gold Level Associate Professional Member of the Institute of International Bankers.
- Swiss Bankers Association Network — Member banking association within the Institute of International Bankers network.
- The Hong Kong Association of Banks Network — Member banking association within the Institute of International Bankers network.
- Treasury/IRS Government — Collaborates with Treasury and IRS officials through participation in the annual Seminar on U.S. Taxation of International Banks.
- White & Case Network — Gold Level Associate Professional Member of the Institute of International Bankers.
- YourMembership Partner — Provider of membership management software used by IIB
- YourMembership Partner — Provides membership management software for the Institute of International Bankers
strategies · 1
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Regulatory Parity Advocacymethodology: regulatory_parity_advocacyBy advocating for equivalent regulatory treatment of international and domestic banks in the U.S., we create fair competitive conditions in the banking sector because unequal regulation distorts market access and undermines financial stability and credit availability.