Released on = June 27, 2006, 10:15 am

Press Release Author = Compliance LLC

Industry = Financial

Press Release Summary = Compliance LLC offers a new Basel ii training course
designed to help professionals working for regulatory bodies and supervisory
agencies understand their new challenges and responsibilities after Basel ii

Press Release Body = FOR IMMEDIATE RELEASE

Wilmington, DE, June 27, 2006
Compliance LLC (www.compliance-llc.com), a leading international provider of
Sarbanes Oxley and Basel ii consulting and training, announced the addition of a new
one day presentation for professionals working for regulatory bodies and supervisory
agencies, that face the challenge to understand, review and approve corporate
actions and changes coming from the implementation of the new Basel Accord.

"The challenge for supervisory authorities is how to implement the new Basel ii
standards in their regimes, and how to ensure that banks are able to use their
internal systems to measure their risk and allocate capital for that risk" said
George Lekatis, General Manager and Chief Compliance Consultant of Compliance LLC.
"This one day presentation and discussion has been designed to help supervisors
understand their new challenges and responsibilities. It is also highly recommended
for the board of directors and executive management of banks and financial
organizations, in order to understand what they will have to prove to their
supervisors"

George Lekatis developed the presentation and will lead the classes. He has more
than 16,000 hours of teaching experience, leading classes from the States to London,
to Dubai, to Singapore. He said: "During the presentation, we will have the
opportunity to discuss:

· The management\'s and the board\'s responsibility: Basel ii and the new supervisory
review process
· Core Principles for Effective Banking Supervision
· Analysis of the twenty five basic principles for a supervisory system to be effective
· Lessons learned
· The framework of objectives and responsibilities for the agencies involved in
banking supervision
· The licensing process, the ownership structure and the scope of business of banks
and banking groups
· Identification of the various types of risk confronting a bank, and ways of
ensuring that these risks are properly monitored and controlled
· Quantitative and qualitative supervisory guidelines
· On- site examinations
· Investigation of specific areas, review of operations, assessment how an
institution is managed and controlled
· Adequacy of systems of internal control.
· Off-site reviews
· Meetings
· Co-operation with internal and external auditors
· Analysis of reports and returns from banks and their affiliated entities, on a
consolidated and individual basis
· Supervisory power for corrective actions if banks fail to meet the standards
· The roles of home and host supervisors
· Supervision on a global consolidated basis - sharing information with other
supervisors
· Core Principles for Effective Banking Supervision and supervisory self assessments
· Self Assessment: Examples
· Implications for a country\'s credit rating (and the cost of funding on
international markets)
· Pillar 2: Supervisory Review Process
· Supervisory Review Process Principles
· Pillar 3: Disclosures
· Practical Application of Basel II Accord

"It will be a very interesting and challenging day" said George Lekatis. I have
already led Basel ii classes for credit, market and operational risk professionals,
boards and executive management in more than 20 countries. This presentation for
supervisors is really different, as it will cover the Basel ii implementation
problems from another point of view"

After a needs analysis, the presentation can be customized to meet specific needs.

For further information, contact Lyn Spooner, E-mail: lyn@compliance-llc.com, Tel:
+1 (302) 342-8828 Ext 1, or George Lekatis, E-mail: lekatis@Compliance-LLC.com, Tel:
+1 (302) 342-8828 Ext 5.
Web: www.compliance-llc.com
Basel ii Training: www.basel-ii-training.com
The new Consulting and Training Services Catalog:
www.compliance-llc.com/ComplianceLLCConsultingTrainingServices.pdf



Web Site = http://www.compliance-llc.com

Contact Details = Lyn Spooner
1220 N. Market Street Suite 804
Wilmington , 19801
$$country

+13023428828
lyn@compliance-llc.com
http://www.compliance-llc.com