Centre of Risk and Regulatory Excellence: Americas
The Americas is a very heterogeneous area from a regulatory point of view and financial institutions are faced with a number of regulators such as the FFIEC, FDIC, FRB, OTS, the Treasury Department, OCC, SEC, NCUA and the Department of Commerce Our CoR²E team is talking to them all!
FRSGlobal has a long-standing reputation in North America and is planning further expansion in to Latin America. The Centre of Risk & Regulatory Excellence supports this strategy and focuses on the main regulatory and legal developments in 30 countries in the region.
Comment from CoR²Expert:
"We have been sharing our experience of implementing Basel solutions in Europe and Canada with the American regulators since 2007. They are keen to hear how banks' in regions outside America have adopted Basel and how the systems they have implemented are meeting the regulatory requirements." Andrew Liegel, Product Management Specialist, FRSGlobal The Americas. "Pillar 2, being principles-based, is going to be more difficult for institutions to implement than the standard rules-based regulations and smaller banks in particular will benefit from the FRSGlobal CoRČE team's experience with other banks who faced the same challenges"
Most recently, he was senior analyst for the Risk and Capital Markets practice at Financial Insights, Inc. Prior to that, he was a member of the Strategy and Development group at State Street Global Markets where he developed extensive valuation and market risk models.
See his full profile or email corexpert@frsglobal.com
Ask The CoR²Expert
Need an answer to a tricky risk or regulatory issue?
Submit your question to the business experts from our Centre of Risk & Regulatory Excellence team. »