Lively Discussions from RMA ORM Discussion Group at Philly Fed
John Kelly 270004J7VQ email@example.com | | 0 Comments | 101 Visits
This week OpenPages is sponsoring the RMA Operational Risk Management Discussion Group being held at The Federal Reserve Bank of Philadelphia. The two-day forum was kicked-off by Victoria Garrity, Senior Quantitative Analyst from the Boston Federal Reserve. Victoria’s session titled “Regulatory Perspective on Scenarios: Challenges and Issues”, was well attended and sparked a number of conversations on potential forthcoming regulations. Other interesting sessions included a discussion moderated by Michael Fenn of DTCC and Patrick McDermott of Freddie Mac on the evolution of ORM assessments, and a roundtable facilitated by Kathy Miller of KeyCorp on “Recent Experiences with Regulators” in which the discussion focused on operational risk examinations and emerging guidance from the regulatory environment.