New York, NY – January 5, 2010 – ICS Compliance will co-host the International Financial Services Association (IFSA) 2010 Operations Education Forum in Times Square, NY on February 4, 2010. Jim Wistman, Director at ICS Compliance, will present on How a “Risk-Based” Framework Shapes the Compliance Evaluation Process at International Banks.
The unique forum is designed to expand knowledge and industry insight into the world of trade, payments and compliance. Registered attendees will also have the chance to discover the latest industry-related trends and product offerings from some of the IFSA’s premier vendor community, of which ICS Compliance is a Member.
Mr. Wistman will discuss the “risk-based” framework that shapes the entire evaluation process for compliance risk management within international banks. As the compliance requirements associated with international banking activities have become more complex, international banks are confronted with significant risk management and corporate governance challenges specifically with compliance risks that go beyond their traditional operations.
“I am excited to present on this important topic for international banks,” says Mr. Wistman. “To address these compliance challenges, many international banks should implement or enhance firm-wide compliance risk management programs and program oversight. This session will discuss such a framework.”
About Jim Wistman
Mr. Wistman serves as Director for ICS Compliance in the New York region. With more than 10 years of experience in risk management and bank examinations with Federal Reserve Bank of New York, his core areas of expertise lie in regulatory and government relations, CCO “dashboards”, AML/Patriot Act, and Financial Holding Company (FHC) compliance. Former Chief Compliance Officer for large, global banks in the U.S., Mr. Wistman holds an MBA with certificates in International Relations and Management of Financial Institutions.
About ICS Compliance
As compliance specialists, ICS Compliance focuses only on regulatory compliance issues for banks and other financial institutions. Our seasoned professionals, with previous experience as Compliance Officers and/or Federal Regulatory Examiners, provide financial institutions with invaluable expertise and insight. This competency, along with our tailored approach and strong regulatory awareness, provides clients with the confidence that comes from hiring experts in compliance. Serving institutions nationally from 15 offices, we provide customized compliance services, remediation projects, and consultation. If you want compliance confidence, then you want ICS Compliance!
For more information about how your institution can stay in compliance with federal regulations, visit ICS Compliance at: www.ICScompliance.com or contact Michael Pappolla, Director at: 856.220.2240.
