May create insurance and mortgage on a as-needed basis. The banking steering committee represents almost all the sections of the banking community - large banks, small banks and community banks. This is a forum to address all the sections of the OFX specification and not just banking. These committees are self governing and that committees should make their own rules to manage them. The committee should decide on the frequency of meetings.
Alliance recommends having a monthly teleconference call.
The committee can get together at one location on an as-needed basis. The committee should elect a chair to represent their committee in the Executive Committee. Choose a Secretary as well. We are close to finalizing the Chapter 15 for bill presentment. The plan is to publish the 1.5 version very soon.