Daily News

July 9, 2012

California Issues


Governor’s Reorganization Plan Enters Implementation Stage

Last week, the State Legislature gave the green light for the governor to begin implementing his Government Reorganization Plan (GRP 2). During the next 12 months, the administration will eliminate certain government entities and combine others into newly created departments. One of these re-organizational changes is the creation of the Department of Business Oversight (DBO).Both the Department of Financial Institutions and the Department of Corporations will become separate divisions within the DBO. CBA will remain engaged during this implementation stage to ensure that our concerns are addressed, including safety and soundness, the integrity of the Financial Institutions Fund, the authority of the deputy commissioner for the Division of Financial Institutions and the qualifications of bank examiners. For further information, please contact Alex Alanis at (916) 438-4411 or aalanis@calbankers.com.


Membership Issues


CBA Internal Audit School

CBA’ second annual school for bank internal auditors starts in two weeks. For 2012, we have added more exercises and a case study “class project.” The demands placed on your institution’s internal auditor increases each year due to new technical requirements and evolving risk management theory. Whether you’re a new internal auditor looking for a cost effective update on current internal auditing trends, or want to incorporate the latest in regulatory developments into your internal audit scope, this four-day training course is the perfect venue.

The program will be led by a team of professionals from Moss Adams LLP, the largest accounting and consulting firm headquartered in the western United States. And it has been certified for 27.0 CPE credits by the National Association of State Boards of Accountancy (NASBA).

The school will run from Tuesday, July 24, 2012 through Friday, July 27, 2012. It will be held at the Hyatt Regency Newport Beach, where CBA has arranged special rates for participants.

Click here for more information or to register for this program. For questions on this or any other CBA program, please contact John Lingvall at 916/438-4428 or jlingvall@calbankers.com.


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