The Three Regions Conference will take place September 25-26, 2007, at the Millennium Hilton Bangkok in Thailand. Attendees will learn how institutions throughout the Middle East, South Asia, Asia-Pacific, and the rest of the world are meeting and exceeding the expectations of their management, shareholders, and regulators.
Philadelphia, Pa. (August 15, 2007)—The Risk Management Association (RMA) and the Operational Riskdata eXchange Association (ORX) will present an operational risk conference in Bangkok on September 25-26, 2007, at the Millennium Hilton Bangkok in Thailand. Attendees will learn how institutions throughout the Middle East, South Asia, Asia-Pacific, and the rest of the world are meeting and exceeding the expectations of their management, shareholders, and regulators.
“The Three Regions Conference will offer practical insights into the latest techniques of measurement and management,” said Charles Taylor, RMA director of operational risk. Practioners from the three regions will leave this conference with more than practical and useful information, they also will gain an expanded network of operational risk management practioners from the three regions and beyond.”
Speakers include Joseph A. Sabatini, managing director and head of corporate operational risk, JPMorgan Chase, Denis Taylor, general manager, Operational Risk Group, Commonwealth Bank of Australia, and Edmund Larkin, managing director and head of Group Audit, DBS Singapore.
Shane Panjvani, head of operational risk, Gulf International Bank, Bahrain, will discuss five places where operational risk management processes break down. Dr. Hj Mohd Rasid Hussin, association professor, Department of Financial Services and Risk Management, Univesiti Teknologi Mara, Malaysia, will discuss culture and risk management in Islamic and non-Islamic banks.
Panel discussions will address current concerns in operational risk management, bank regulation, and current practice and future requirements for the practice of operational risk management.
For more information or to register for the conference, visit RMA on the Web at www.rmahq.org or call1-800-677-7621.
About RMA
Founded in 1914, The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.
Headquartered in Philadelphia, Pa., RMA has 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 18,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific. Visit RMA on the Web at www.rmahq.org.
About ORX
The Operational Riskdata eXchange Association is an institutionalized forum for the exchange of operational-risk-related loss information among its members in a standardized, anonymous, and quality-assured form.
ORX, a not-for-profit and member-owned organization, is incorporated in Zurich as a Swiss Association. ORX provides its members:
- Close alignment with regulatory requirements for business lines and loss categories.
- High-quality data on operational-risk-related losses.
- Anonymization of data by an independent custodian.
- Expert scaling and aggregation of data prior to redistribution to members.
- High security levels for data transmission.
RMA Contact:
Kathleen M. Beans
215-46-4095