Dear Distinguished Members of the ICAPP Standing Committee,

Attached is the draft conclusion of the 27th SC Meeting held in Kuala Lumpur during September 1-2, 2016.

SC Members are requested to make comments or suggestions on the draft at their earliest convenience.

Appendixes to the conclusions will be posted on the ICAPP website at www.theicapp.org in due course.

With warm regards,

Chung Eui-yong

Co-Chairman of the Standing Committee

and Secretary General of the ICAPP

Seoul, Korea

September 12, 2016