Date: November 20, 2014
Topic:
Heightened Standards for Large Banks
Synopsis:
In the wake of the breakdown of controls identified in the 2008 Financial Crisis, London Whale loss, and other incidents, improved governance and risk management practices have been an increasing focus of regulatory bodies.
In the case of the OCC’s latest guidelines, “Heightened Standards” means advancing standards of competency and culture in major financial institutions. The OCC's latest rule codifies standards that had been practiced within regulatory exams for the major banks and places increased requirements across the three lines of defense and the Board risk committee.
In this presentation, Craig Lane will outline these requirements and common approaches to address banks’ concerns.
Special thanks to our meeting host, DePaul University’s Department of Finance.
Venue:
DePaul University, Department of Finance, 11th Floor
1 East Jackson Boulevard, Chicago, Illinois 60604
Speaker:
Craig Lane, Managing Director, BMO Harris Bank
Time:
Registration: 4:00PM – 4:15PM
Program: 4:15PM – 6:00PM
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For more information, please contact:
Michelle McCarthy, Chicago Chapter Director, Board of Trustees Member, and Buy-Side Risk Managers Forum Member, Global Association of Risk Professionals (GARP); Managing Director, Risk Management, Nuveen Investments - michelle.mccarthy@nuveen.com
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