Friday, January 09, 2009

Fed Vice Chairman to Deliver Keynote Address at RMA's Capital Management Conference

Federal Reserve Board Vice Chairman Roger W. Ferguson Jr. will deliver the keynote address at RMA—The Risk Management Association’s Annual Conference on Capital Management in Washington, D.C., April 9-10, 2003, at the Park Hyatt Hotel.

Philadelphia, Pa (April 1, 2003)—Federal Reserve Board Vice Chairman Roger W. Ferguson Jr. will deliver the keynote address at RMA—The Risk Management Association’s Annual Conference on Capital Management in Washington, DC, April 9-10, 2003, at the Park Hyatt Hotel. He is scheduled to speak on April 9 at 11:10 a.m.

The conference, which focuses on the latest advances in enterprise-wide risk management (EWRM), will include a presentation featuring highlights of the EWRM research study by RMA and First Manhattan Consulting Group. Issues surrounding the proposed new Basel Accord are on the agenda, including a panel discussion that addresses the conflicting objectives facing the revised Accord and the obstacles to implementation.

Senior executives from major institutions will participate in a panel discussion that focuses on the credit, operational, and market risk disciplines. In another panel, bankers, regulators, and representatives of the accounting profession will discuss whether loan loss reserve disclosure and economic capital can be reconciled.

Another conference highlight is a discussion by representatives of the ratings agencies, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission regarding how their roles have changed in the aftermath of ENRON and what impact that change is having on the economic capital process.

To findout more about the Annual Conference on Capital Management contact Customer Care at 1-800-677-7621.

RMA is the leading professional association to promote effective risk management practices across the entire financial services industry. Headquartered in Philadelphia, RMA has 3,000 institutional members, including banks of all sizes and nonbank institutions. They are represented in the association by 16,000 professionals in the 50 states, Puerto Rico, Canada, and numerous foreign cities, including Hong Kong, Singapore, and London.