Q1 Productions Hosts Liquidity Risk Management Conference
Online, April 19, 2011 (Newswire.com) - This July, Q1 Productions will host its Liquidity Risk Management Conference in New York City. The program promises to be a unique meeting of the minds for Chief Risk Officers from globally operating financial firms and will feature two days of presentations focusing on financial markets' most recent case studies from several leaders in the industry. Much of this year's program will focus on providing clarification and guidance related to new regulatory requirements, ensuring a frank conversation between policy maker expectations, regulatory enforcers and industry professionals as they work through implementing new regulations prior to their required start dates.
Understanding how to meld new policy with old, national policy with international Basel III regulations and shareholder expectations will be of primary importance to risk officers as they work to keep their organizations solvent. Dialogue created during the program will be of tremendous value to participants, speakers and sponsors alike, as the industry comes to terms with a new future. In addition to new regulations, this program will focus on pre versus post-crisis modeling strategies, and methods to ensure that liquidity risk is managed on a scale equal to market and credit risk.
When asked about his perspective on the current financial situation, presenter at the upcoming conference and COO of Capital Source Bank, Shaun Murphy said "Liquidity Risk Management in the global financial system is as fundamental as the air we breathe. Failure to address issues and lessons of the recent past will only exacerbate inherent risks in our financial system going forward."
Recent turbulence in the financial markets have led to government and industry taking a much closer look at liquidity risk management and capital assets. Around the world, regulators are demanding tighter regulations to govern the actions of financial firms as they divest their capital into a wide variety of investment vehicles. As US regulators signed into effect the Dodd-Frank Wall Street Reform & Consumer Protection Act, an even more serious set of regulations appear to be pending in the Basel Committee's recent statements that they will release a new set of liquidity reforms ahead of the November G-20 meeting in Seoul.
While the impact of these changes cannot yet be predicted, no financial institution seems to be insulated from the changes that regulators will bring to the industry. Although many changes will take several years of interpretation, action, and implementation before becoming thoroughly integrated into the financial system, forward thinking organizations are preparing for the times ahead by taking a much closer look at their liquidity risk and capital assets.
Registration for the 2011 Liquidity Risk Management Conference is now available. For more information contact:
Paul Hernandez
(312) 602-9683
[email protected]
When: July 18-19, 2011
Where: New York, NY
Who: This conference is ideal for Chief Risk Officers, Vice Presidents & Heads of Risk, Investment Risk Management, Vice Presidents & Heads of Asset Liability Management, Vice Presidents & Heads of Regulations & Regulatory Affairs, Compliance, Portfolio Managers & Strategists
Presenting organizations include: Bank of America, Capital Source Bank, Northern Trust, Wells Fargo, Garrett Asset Management, LLC, New York Community Bancorp, Federal Reserve Bank of Richmond, Citigroup, ATB, Kurzman Karelsen & Frank LLP, Hillcrest Bank, RBC Capital Markets, Handelsbanken, Dexia Credit Local, Pillsbury Winthrop Shaw Pittman LLP, Citibank, Citigroup Global Markets.
Media Contact: Paul Hernandez
(312) 602-9683
[email protected]
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Tags: Basel, chief risk officer, Consumer Protection Act, Dodd-Frank Wall Street Reform, financial markets, G-20, liquidity, management, New York City, risk, shareholder