  Monday, March 31, 2003
 Welcoming Remarks: 8:00 - 8:15 am FIRMA President James D. Strickland Keynote Address: 8:15 - 9:30 am “A View of Risk Management” The Honorable Susan S. Bies Member – Board of Governors FEDERAL RESERVE SYSTEM Washington, DC Governor Bies will address the growing role of risk management in strengthening internal controls, corporate governance, and financial disclosures. General Session: 9:45 - 11:00 am “Legislative Update” Sally Miller Director – Center for Securities, Trusts, and Investments AMERICAN BANKERS ASSOCIATION Washington, D.C. Learn how the elections have impacted the banking industry priorities with respect to pension reform and tax legislation. Learn how trust companies and banks have been impacted by corporate governance legislation and regulation. Find out how banks are coping in the aftermath of passage of the Gramm-Leach-Bliley Act. Hear how Washington's latest money-laundering legislation will impact your business. Hear about the impact of Sarbanes- Oxley. Get the latest from Washington, D.C. General Session: 11:15 am - 12:30 pm “USA PATRIOT ACT - Update” Dan Soto Senior Vice President Bank of America Charlotte, North Carolina The regulatory expectations for anti-money laundering and anti-terrorist financing compliance are fast moving and not necessarily straightforward. Yet, your institution could face significant fines and penalties for failing to comply! Attend this session and not only learn the latest schemes, but also how to implement an effective AML program. General Session: 1:30 - 2:30 pm “Risk Management – Defined and Applied” Dolores Atallo-Hazelgreen Partner DELOITTE & TOUCHE, LLP New York, New York If an organization does not have a good understanding of its current risk profile, it will be difficult to determine how changes will affect it. This session will help you better assess and manage the risks within your organization as our business risks are impacted through exposure to regulatory changes, the economy, and business cycle influences. General Session: 2:45 - 3:45 pm “Straight-Through Processing” Terri Messina Senior Vice President ERNST & YOUNG, LLP Philadelphia, Pennsylvania STP (Straight-Through Processing) is an industry-wide initiative, which requires integration of systems and processes to automate the trade process from initiation to settlement without manual intervention. STP is the process of seamlessly passing (in real time) financial information to all parties involved in the transaction process, spanning the investment manager decision through to reconciliation and statement production, without manual intervention or redundant processing. The move toward STP will require implementation of several new rules and regulations covering: Settlement Timeframe; Prospectus Delivery on New Issues; Institutional Processing; Physical Securities; and Corporate Actions. With STP in place, the industry will move from T+3 to T+1 or T+0. This session will address such questions as: What it will take to implement STP? Where are we with T+1 and STP? What are some of the critical rules and regulations that will have to be modified and will the SEC mandate STP with a deadline or will the DTC continue to drive it? And, finally, what VMU's (Virtual Matching Utility) are out there and who offers a consolidator package? General Session: 4:00 - 5:00 pm “No Excuse!” Jay C. Rifenbary President RIFENBARY TRAINING AND DEVELOPMENT CENTER Saratoga Springs, New York “No Excuse! – An Action Plan For Success” will validate for many of us that certain principles, and skills still matter when it comes to the success of both our personal and professional lives. “No Excuse!” is built on a solid foundation of self-responsibility, integrity and purpose. Principles such as self-control, personal respect, forgiveness, passion, and attitude are just a sampling of other ideas that will be presented. Having a greater understanding of the importance of consistency in behavior, decisiveness, and personal honesty will only enhance an individual’s productivity and efficiency in the work place. Ultimately this contributes to the overall atmosphere and productivity of the organization. “No Excuse!” will contribute to an individual’s ability to lead, manage, and most importantly set a positive and professional example for themselves and others. Click here to print a schedule. |