New York, NY, September 08, 2007 --(PR.com
)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that Jane Azia, Director of Non-Depository Institutions and Consumer Protection, New York State Banking Department will speak at the Knowledge Congress’ upcoming teleconference entitled: “Subprime: Impact & Moving Forward”. This 2-hour event is scheduled for September 18, 2007, Tuesday, at 1:00 PM - 3:00 PM EST. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/2007.Subprime.htm)
The recent subprime fallout has affected not only mortgage brokers and consumers – it has also had a significant impact on a broad array of financial industries including real-estate investments, hedge funds, and Wall Street in general. New federal guidance has been issued with more direction likely on the way. Where is this all going? What’s the next step?
The Knowledge Congress has assembled a panel of experts to help companies understand best practices and strategic direction. The panel will present their findings, which will include up-to-the-minute updates at this live teleconference.
About Jane Azia
Jane Azia recently joined the New York Banking Department as the Director of Non-Depository Institutions and Consumer Protection. Prior to joining the Banking Department, Jane worked for nearly 25 years in the Office of the New York Attorney General, most recently as head of the Attorney General’s Internet Bureau and special counsel for consumer litigation. She has experience in a wide range of consumer issues, including credit and financial services and predatory lending. She is a graduate of Northwestern University and New York University School of Law.
About The New York State Banking Department
The Department is the primary regulator for state-licensed and state-chartered financial entities, including domestic banks, foreign agencies, branches and representative offices, savings institutions and trust companies, credit unions and other financial institutions operating in New York including mortgage bankers and brokers, check cashers, money transmitters, and licensed lenders, among others.
The Department's legislative mandate is to insure the safe and sound conduct of these businesses, to conserve assets, to prevent unsound and destructive competition, to maintain public confidence in the banking system, and to protect the public interest and the interests of depositors, creditors and shareholders.
Established in1851, the New York State Banking Department is the oldest bank regulatory agency in the nation. Almost 73 percent of the agency's nearly 600 full-time employees are bank examiners. Yet New York State's taxpayers aren't asked to pay for bank regulation. Instead, the revenues to fund the Department's operating budget are derived from the fees paid to it by state-chartered institutions.
For more information about Jane Azia and New York State Banking Department, please visit:
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.