February 2, 2006
Chief Executives of Members Banks
“Risk & Compliance Summit 2007” - March 9, 2007 -
Hotel Intercontinental the Grand, Mumbai.
The financial industry worldwide finds compliance requirements to be ever increasing.
Multiple jurisdictions, multiple authorities, financial interconnection and increasing
complexity of banking services contribute to this spiraling effect. What are the
international best practices in dealing with these compliance requirements?
Convergence of risk management, corporate governance and compliance is emerging as
a winning strategy. What are the key elements of this strategy and what could be the
tactical maneuvers to put it into practice?
Since change is perhaps the only constant in global business, no strategy can survive
indefinitely. To keep pace with this change, IBA and Finsight Media have initiated an
annual forum „Risk & Compliance Summit‟ for banking industry, which will deliberate
on changes in strategic response to current challenges faced by the industry every year.
The inaugural summit takes place on March 9, 2007 at Hotel Intercontinental the
Grand, Sahar Airport Road, Mumbai 400 059 from 8.30 a.m. to 6.00 p.m.
The summit endeavors to provide the Indian banking industry a whiff of fresh thinking
on issues that confront it today. It steers clear of the paradigm of sharing of experiences
within the bankers.
The following issues will be discussed in the summit :
Issues emanating from multiplicity of compliance requirements
India-specific and cross-border compliance scenario
Operational risk: how to manage and mitigate
Understanding risk modeling: assumptions and limitations
Integrating risk and compliance into corporate governance
Appreciating the soft issues: human factor
Competing in the marketplace: enhancing value for all stakeholders
Some of the international speakers are Cristiano Zazzara, Managing Director of
Research, Italian Institute of Banking and Finance, Rome, Italy;
Mark Powell, Cochran & Powell Consulting, Singapore;
Hari Misra, Editor-in-Chief, CRO Journal;
Dr. D M Nachane, Professor, IGIDR;
V. Sambasivam, Advisor - Legal and Compliance, Fullerton India Credit (A
Temasek Group Company);
Dhiraj Lal, Director India, Business Continuity Management Institute,
Alok Tiwari, Principal, Aptivaa;
T. Chandrasekaran, Head – Audit, ABN AMRO Middle East.
Who should attend :
Heads of Risk & Compliance/Audit/IT and Retail.
Individual : For Members : Rs. 6500/-
For Non-Members : Rs.7500/-
Group : 4 and above 10% discount on prescribed fee
Since the practice of sending confirmation has been discontinued, we would like to
inform you that all nominations may be treated as confirmed and the nominees may be
requested to report at the seminar venue.
There is limited seating available, hence we request you to send your nomination/s
before March 9, 2007 by cheque/DD favouring „Indian Banks‟ Association‟ payable
at Mumbai. The nominations can be faxed on 022 2218 4222/2215 4131 or email to
email@example.comfirstname.lastname@example.org. For any clarifications, please feel fee to contact Mrs.
Malti Ashar, Manager on 022 2217 4020.
The brochure will follow shortly.
Encl : Nomination form
"Risk and Compliance Summit 2007"
March 9, 2007
Hotel Intercontinental the Grand
Sahar Road, Andheri (E), Mumbai.
The Seminar Secretariat
Indian Banks‟ Association
Centre - 1, 6th Floor,
WTC, Cuffe Parade
Mumbai - 400 005
We refer to your circular letter no. dated and hereby nominate the following
Executive/Official for participating in the captioned summit.
Name & Designation: Dr./Shri/Ms. Tel.Nos.:
Office Address : E-mail :
DD/Chq.No. : dated : drawn on
Amount : Rs.
Kindly e-mail your nomination/s on email@example.com or fax the same on
022 2218 4222/2215 4131.
In view of excellent response being received to the IBA seminars, we shall appreciate if nomination
form, in duplicate along with DD/Cheque for requisite amount drawn in favour of Indian Banks‟
Association, payable at Mumbai reaches by courier at IBA‟s office not later than January 11 , 2007.
As per IBA‟s policy, no refund of registration fees shall be made in the event of cancellation or non-
participation, but change of nominee is permitted.
For any assistance, please contact Lira on 2217 4026.
“Risk & Compliance Summit 2007”
Hotel Intercontinental the Grand, Mumbai
March 9, 2007
8.30 am 9.00 am REGISTRATION
9.00 am 9.10 am WELCOME ADDRESS
Mr. Shirish Pathak,
President, Finsight Media
9.10 am 9.40 am SPECIAL ADDRESS
Arun Goyal, Director, FIU-IND
"Anti-Money laundering (AML) and Combating
Terrorist Financing: Indian Initiatives and Global
9.40 am 10.10 am SPECIAL ADDRESS
"Current Status of Risk Management and
Compliance in India"
10.10 am 10.40 am Presentation:
Mr.i Misra, Editor-in-Chief,
Journal of Compliance, Risk and Opportunity (CRO)
10.40 am 00 am TEA/COFFEE BREAK
11.00 am 11.30 am Presentation:
AML Technology and its Adoption in Asia
Dr. Neil Katkov
11.30 am 12.00 pm Presentation:
Dr. Rajeeva L. Karandikar
12.00 pm 12.30 pm Presentation:
Compliance: Strategies to Deal with Multiplicity and
Mr. Venkatachalam Sambasivam
12.30 pm 1.00 pm Presentation:
Cross Border Funds Transfer: The Cost of Non-
Mr. T.S. Chandrasekharan
Head Audit - Middle East
ABN Amro Bank
1.00 pm 2.00 pm LUNCH
2.00 pm 2.30 pm Presentation:
Market Discipline: The Third Pillar of Basel II
Dr. D M Nachane
2.30 pm 3.00 pm Presentation:
Speaker Name Awaited
3.00 pm 3.30 pm Presentation:
Understanding Credit Risk Modeling: Assumptions
Italian Institute of Banking and Finance
3.30 pm 4.00 pm TEA/COFFEE BREAK
4.00 pm 4.30 pm Presentation:
Managing Operational Risk: Processes and Pitfalls
4.30 pm 5.00 pm Presentation:
Dr. S.S. Satchidananda
5.00 pm 5.30 pm Presentation:
Business Continuity Management: Reducing
5.30 pm Vote of Thanks
Research Editor, Finsight Media