New York, NY, September 07, 2007 --(PR.com
)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that Mark Tenhundfeld, Director, Office of Regulatory Policy at the American Bankers Association will speak at the Knowledge Congress’ upcoming teleconference entitled: “Basel II LIVE Teleconference for Banks (New Risk-Based Capital Rules)” This 2-hour event is scheduled for September 27, 2007 at 1:00 PM EST. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/2007.BASEL.htm).
The Federal Reserve Board, the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Federal Deposit Insurance Corporation have recently reached an agreement regarding Basel II implementation. The agreement will lead to the implementation of a new Risk-Based Capital Rules for Commercial Banks. Basel II is said to be the largest and most comprehensive issue faced by financial services institutions. As many organizations begin to take steps down the path to Basel II compliance, management must be extremely cautious.
The Knowledge Congress has assembled a team of experts to help companies understand the new regulations and analyze the changes and their impact on the companies servicing the industry. These experts will present their findings, which includes a "best practice" panel at a comprehensive two-hour live teleconference.
About Mark Tenhundfeld
Mark joined the ABA in February of 2006 as Director, Office of Regulatory Policy. He came to the ABA from Promontory Interfinancial Network, where he served as general counsel. Prior to Promontory, Mark served as general counsel to the Federal Housing Finance Board and worked in the legal divisions of the Federal Reserve Board and the Comptroller of the Currency. He also has represented financial institutions in transactional and compliance matters as a partner in the law firm of Miller, Hamilton, Snider and Odom, LLC. Mark received his law degree from Vanderbilt University and his undergraduate degree from Yale University.
About American Bankers Association
Founded in 1875 and now based in Washington, DC, the American Bankers Association represents banks of all sizes on issues of national importance for financial institutions and their customers. The ABA, on behalf of the more than two million men and women who work in the nation's banks, brings together all categories of banking institutions to best represent the interests of this rapidly changing industry. Its membership -- which includes community, regional and money center banks and holding companies, as well as savings associations, trust companies and savings banks -- makes ABA the largest banking trade association in the country.
The ABA brings together all elements of the banking community to promote the strength and profitability of the industry. It does this by providing effective leadership in government relations, building strong industry consensus, consistently listening to its membership, and responding to their needs through innovative products and services, public affairs support and legal services.
The mission of the American Bankers Association is to serve its members by enhancing the role of financial services institutions as the preeminent providers of financial services. This mission is accomplished through federal legislative and regulatory activities, legal action, communication and consumer education, research, and products and services that promote, educate, train, inform and support members.
For more information about Mark Tenhundfeld and American Bankers Association, please visit: http://www.aba.com
About The Knowledge Congress
The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.