The Risk Management Association (RMA) and the Professional Risk Managers' International Association (PRMIA) will present the Annual Conference on Capital Management in New York, November 9-10, at the New York Sheraton Hotel and Towers.
Philadelphia, Pa. (September 24, 2004)—RMA and PRMIA will present the Annual Conference on Capital Management in New York, November 9-10, 2004, at the New York Sheraton Hotel and Towers. The conference will focus on the most up-to-date techniques for measuring and managing risks across the entire enterprise. Recognized industry leaders and regulators will address the latest regulatory developments, particularly compliance with the expected rules of the new Basel Accord.
Suzanne B. Labarge, vice chairman, RBC Financial Group, Toronto, will discuss Basel and the Changing Face of Risk Management in the opening keynote address. Ethiopis Tafara, director, Office of International Affairs at the Securities and Exchange Commission will deliver a keynote address on Tuesday afternoon.
The challenge of implementing the proposed Basel II Accord is a major focus of the conference, and it will be addressed through interactive panel discussions that specifically address each of the Accord’s three pillars. Other sessions address strategic bank asset management, risk mitigation through insurance, issues in credit derivatives, and data issues in balance sheet management. Operational risk best practices and case studies, as well as securitization under Basel II and credit risk, also will be addressed.
Leading business journalists and investment bankers will discuss what disclosures the markets are looking for from today’s risk managers. Speakers include leading bankers, regulators, and consultants who have done research in various fields related to capital management.
“The Annual Conference on Capital Management offers bankers the opportunity to hear new approaches to continuing challenges relating to capital management,” said Maurice H. Hartigan II, president and chief executive officer of RMA. “It also gives them the opportunity to discuss issues and solutions with colleagues from around the country.”
This is the first year that PRMIA is joining RMA in presenting the Annual Conference on Capital Management. “PRMIA is pleased to partner with RMA on this well-established event and to help define the turning point for the risk profession in moving from debate to implementation of Basel II," said David R. Koenig, PRMIA executive director and chair of the board of directors. “The assembly of leading executives, regulators, academics and practitioners at this gathering is a reflection of the strength of our joint effort and commitment to serve the risk profession.
About RMA
Founded in 1914, RMA is a nonprofit, 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-wide approach to risk management that focuses on credit risk, market risk, and operational risk.
Headquartered in Philadelphia, RMA has 2,850 institutional members that include banks of all sizes as well as nonbank institutions. They are represented in the Association by 16,000 commercial loan, credit, and risk management professionals in the 50 states, Puerto Rico, Canada, and numerous foreign cities, including Hong Kong, Singapore, Melbourne and London.
About PRMIA
PRMIA is the Professional Risk Managers' International Association, the premier meeting place for the risk profession. Founded in 2002, PRMIA currently has over 50 chapters around the world and more than 17,000 members from more than 140 countries coming from all disciplines of risk management. PRMIA is a tax-exempt, nonprofit, member-led association of risk professionals dedicated to the advancement of the profession worldwide through the free exchange of ideas about risk management.
Visit PRMIA on the Web at http://prmia.org/about/about.html