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Pace University and the Association of International Bank Auditors announce new cycle of Certified Compliance and Regulatory Professional program

12/11/2013

Pace University and the Association of International Bank Auditors announce new cycle of Certified Compliance and Regulatory Professional program

New sessions to focus on cybercrime, banking regulations, and the impact of the Dodd-Frank Act on asset and wealth managers, broker/dealers, hedge funds, and money markets

New York, December 11, 2013 — The Center for Global Governance, Reporting and Regulation at Pace University and the Association of International Bank Auditors announce a new fifth cycle of the Certified Compliance and Regulatory Professional (CCRP®) certificate program.

The new session begins March 13, 2014 and continues to September 11, 2014. Classes will be held at Pace University’s Midtown Center in the historic Fred French Building.

Recognized as the ‘standard’ for training and development courses by bank executives and regulators, the CCRP® program offers a 26-week session with intense and in-depth exposure to all aspects of governance, risk management, regulatory strategy, and relevant regulations taught by industry professionals. The program includes coverage of regulations in key foreign countries in a comparison with U.S. practices.

“All class sessions in the CCRP® program are led by executives from top financial firms as well as experts from federal and state regulatory bodies,” says John Alan James, executive director of the Pace Center. “Our current session has participants from some of the largest global financial institutions and stock exchanges, finance and lending firms, asset managers, money market managers, and consulting firms in law and auditing.”

Sessions include detailed discussions of current compliance and regulatory issues, and examinations of real life case studies. Team presentations provide experience in applying coursework to actual business problems.

In addition, “Boot Camp” programs will be offered by AIBA and Pace, with short (one or two-day) courses covering key current regulatory issues like Bank Secrecy Act/Anti-Money Laundering, Office of Foreign Assets Control (OFAC), and the new Dodd-Frank regulations impacting trading and non-bank operations.

The CCRP® at Pace provides growth opportunities and positions global financial services professionals as leaders in the compliance community, giving them an edge in a very competitive job market. The program has been designed with the rigorous content demanded by an academic agenda while stressing the important practical dimensions of real-world experience in the compliance field. Professors from Pace University, all with distinguished prior careers in the private sector, created the syllabus alongside veteran compliance professionals from some of the world’s leading international banks.

Guest speakers drawn from prestigious New York law firms, Big Four Accounting firms, and the bank regulatory community will complement the joint Pace-AIBA team.

About the Lubin School of Business at Pace University: Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at Pace’s suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance. Its programs are designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

About the Association of International Bank Auditors: The AIBA membership consists of internal audit, compliance and internal control professionals of nearly 100 U.S. branches and agencies of foreign banks.  The mission of the AIBA is to foster the professional standing of its members by increasing their knowledge and capacities to carry out their responsibilities with respect to international banking.

Media contact:  Bill Caldwell, Pace, 212-346-1597, wcaldwell@pace.edu

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Leslie F. Seidman, former Chairman of the Financial Accounting Standards Board, named Executive Director of the new Center for Excellence in Financial Reporting at Pace University’s Lubin School of Business

12/10/2013

Leslie F. Seidman, former Chairman of the Financial Accounting Standards Board, named Executive Director of the new Center for Excellence in Financial Reporting at Pace University’s Lubin School of Business

New York, NY – December 10, 2013 – At a time when transparent reporting is more important than ever, the Lubin School of Business at Pace University has created a new Center for Excellence in Financial Reporting.

Leslie F. Seidman, the former Chairman of the Financial Accounting Standards Board (FASB), will serve as Executive Director of the new Center and Guest Lecturer at the Lubin School.

“Leslie Seidman’s depth of knowledge about accounting policy and her breadth of relationships across the profession are unsurpassed,” said Neil S. Braun, Lubin’s dean, who is the former President of the NBC Television Network and Chairman of Viacom Entertainment.  “We are thrilled that Leslie has chosen to make Lubin her home for her thought leadership and continuing contributions to the field.”

In her new role, Seidman will stimulate discussion about current topics in financial reporting through conferences and other gatherings, as well as other activities aimed at identifying best practices and promoting enhanced reporting.  In addition, Seidman will guest lecture and mentor advanced accounting students at Lubin. She will also be available to faculty to consult on relevant research and curricular topics. 

“Pace University was founded as a school of accountancy and has been highly recognized in the field for over a century,” said Seidman. “I am very excited to lead this new Center at Pace, which will focus on the enhancement of reporting practices for the benefit of the investing public.”

Seidman served as Chairman of the FASB from December 2010 through June 2013.  She was originally appointed as a member of the FASB in July 2003, and was reappointed twice.

Previously, Seidman was an auditor with Arthur Young & Co., a Vice President of Accounting Policy with J.P. Morgan & Co., and a member of the FASB staff, serving first as an Industry Fellow, and later as the Assistant Director of Technical Activities. Immediately prior to joining the FASB, Seidman founded and managed a financial reporting consulting firm, serving corporations, accounting firms, and law firms.

A recognized expert in accounting, Seidman was named CPA of the Year (2013) by the American Woman’s Society of CPAs. She also was ranked among the Top 10 Most Influential People in Accounting by Accounting Today from 2010 to 2012, and was named to the NACD Directorship 100 for Governance in 2011. Seidman authored the first three editions of Financial Instruments: A Comprehensive Guide to Accounting and Reporting (currently in its 11th edition from CCH). She is a frequent speaker at conferences and universities.

Seidman, a CPA (inactive), earned an M.S. degree in accounting from New York University Stern School of Business and a B.A. degree in English from Colgate University.

Seidman is a member of the AICPA, the American Woman’s Society of CPAs, Financial Executives International, the International Women’s Forum, and the Institute of Management Accountants. 

About the Lubin School of Business at Pace University: Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at Pace’s suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance. Its programs are designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

Media contact:  Bill Caldwell, Pace, 212-346-1597, wcaldwell@pace.edu

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Global Finance: "Global Salon: John Alan James"

12/06/2013

Global Finance: "Global Salon: John Alan James"

Global Finance sat down with John Alan James, executive director, Pace University Center for Global Governance, Reporting & Regulation. James’s distinguished career in management consulting, governance and academia spans 25 years in Europe and more than 20 years in Asia.

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San Jose Mercury News: "More holiday shoppers buy later and online"

12/05/2013

San Jose Mercury News: "More holiday shoppers buy later and online"

. . . "You're seeing the holiday period get longer in terms of the number of days and number of hours," said Larry Chiagouris, a consumer behavior expert at Pace University and marketing consultant. "People are shopping online for an increasing portion of purchases and for more expensive purchases."

Read more: http://www.mercurynews.com/business/ci_24639421/cyber-monday-track-break-online-sales-records

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Baltimore Sun: "Despite more time to shop, Black Friday weekend customers spend less"

12/04/2013

Baltimore Sun: "Despite more time to shop, Black Friday weekend customers spend less"

. . . Larry Chiagouris, a marketing professor at Pace University in New York, said he thinks the National Retail Federation is too conservative in its retail sales projections.

"There is a lot of pent-up demand. At some point in time, there is a gush of shopping that takes place when people aren't comfortable with putting things off any longer," he said. And that point is likely now, he said.

Chiagouris said he doesn't expect consumers to spend, however, unless they are given special deals.

"We have now trained shoppers to expect discounts," he said.

Read more: http://www.baltimoresun.com/business/bs-bz-black-friday-report-20131201,0,2952691.story#ixzz2mWUV9CFU

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Susan Wallach Elected to Pace University Board of Trustees

12/04/2013

Susan Wallach Elected to Pace University Board of Trustees

 

NEW YORK, December 4 – Susan S. Wallach, JD, has been elected to the Board of Trustees of Pace University in New York, Pace President Stephen J. Friedman announced.

Wallach joins the Board at a time of great change. Pace has recently experienced several years of growth with higher enrollments, new academic programs, national recognition for the high employment rate and earning power of Pace graduates, and significant investments in the learning and living facilities on Pace’s campuses in New York City and Westchester. This year Pace celebrates the 50th anniversary of its Pleasantville location.

“Susan Wallach is a marvelous addition to our Board of Trustees,” said Friedman. “Her unwavering belief that one person can make a difference by applying skills and passion to worthy endeavors will no doubt have a profound impact on our students–the aspiring heart of America.”

“I am so pleased to welcome Susan to our Board,” said Board Chairman Mark M. Besca, ’81. “Her accomplishments in the legal and academic arenas speak for themselves and will help us as we continue Pace’s commitment to academic excellence and the overall student experience.”

“I am thrilled to be joining the Pace Board,” said Wallach. “The university is on an excellent trajectory, with a forward-looking president and dedicated trustees.”

 

Wallach served as a member of the Harvard University Board of Overseers from 2005 to 2011 and is currently chair of the dean’s advisory council at the Radcliffe Institute for Advanced Study at Harvard. As a trustee of Radcliffe College, she played a central role in the negotiations between Radcliffe College and Harvard University leading to the creation of the Radcliffe Institute in 2000. Last year she received the Harvard Medal for extraordinary service to the university.

 

Wallach is currently a trustee of Deerfield Academy and a director of the Harvard Law School Association of New York City, as well as a member of advisory councils or committees at the Harvard Graduate School of Education, Harvard College, Columbia University, New York University and Louisiana State University.

 

Wallach graduated cum laude from both Harvard/Radcliffe College and Harvard Law School. Wallach retired in 2005 from law practice after 34 years. She spent much of her career at the law firm of Schulte Roth & Zabel in New York. She lives in New York City with her husband, Kenneth L. Wallach. They have two grown children, Dana Wallach Jones and Keith N. Wallach, and three grandchildren.

About Pace University: Since 1906, Pace University has educated thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, College of Health Professions, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

Media Contact: Cara Cea, 914-906-9680, ccea@pace.edu.

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The New York Chinese Opera Society and the Confucius Institute at Pace University present “The Seventh Annual Winter Cultural Exchange Festival”

11/27/2013

The New York Chinese Opera Society and the Confucius Institute at Pace University present “The Seventh Annual Winter Cultural Exchange Festival”

NEW YORK, NY November 26, 2013 - The flagship event of the New York Chinese Opera Society (NYCOS), this year’s festival will be held on Friday, December 6th, 2013, and Sunday, December 8th, 2013, at the Michael Schimmel Center for the Arts at Pace University in Lower Manhattan (3 Spruce Street).  The yearly festival brings authentic Peking Opera performances to fans in the New York area, greatly enriching their cultural lives and generating positive community engagement.  We are honored to have renowned Peking Opera stars from all over the world perform in this year’s festival.  Guest performers include Mr. Jianguo Zhang (Beijing, China); Mr. Yanyi Yang (Toronto, Canada); Mr. Rujun Wu (Tokyo, Japan); Mr. Yang Li (Accompanist, China National Peking Opera Company, Beijing); and Mr. Bin Li (Drummer, China National Peking Opera Company, Beijing).

On Friday, December 6th, at 7:00pm, four Peking Opera pieces will be presented: “Goddess Showering Flowers from Heaven” featuring Ms. Yingchun Li; “Bringing up Mencius” (excerpt) featuring Mr. Rujun Wu); “Judge Bao Prosecuting a Corrupt Judge from Hell” starring Mr. Yanyi Yang; and “Poetic Justice” (excerpts) starring Mr. Jianguo Zhang.  A reception will be held prior to the evening’s performances from 6:00-7:00pm in the Schimmel Lobby.   The Confucius Institute will present awards to the guest artists in recognition of their outstanding performances.  On Sunday, December 8th, at 2:00pm, the full version of “The Romance of the Three Kingdoms” (starring Mr. Jianguo Zhang, Mr. Yanyi Yang and Mr. Yuqing Wang) will be performed, preceded by a jinghu (spiked fiddle) solo by Mr. Rujun Wu.  

As part of the festival, NYCOS will host three events at the Queens Library Flushing Branch (41-17 Main Street), including two lectures on Chinese Opera and Drama.  On Tuesday, December 3rd, 6:30pm—8:00pm, there will be a lecture on “The Magic of Peking Opera” hosted by principle guest artists from Beijing, Toronto and Tokyo.  On Sunday, December 1st, from 1:00pm—3:00pm, NYCOS and the Association of Chinese Calligraphy in America will cohost “Sunday Afternoon Tea and Chinese Calligraphy with Mr. Jianguo Zhang.”

Jianguo Zhang, President of the China National Peking Opera Company, Troupe III, is an acclaimed performer of the Xi School of Peking Opera.  He has participated in past Winter Cultural Exchange Festivals and is quite popular among opera fans.  He is known for his lead roles in “The Town of Bai Di,” “The Romance of the Three Kingdoms,” “The General and Prime Minister” and other Peking Opera pieces.

Yanyi Yang, acclaimed performer of Qiu School, was previously the National First Class performer in the Comrade Troupe of Beijing Military Region. He is famous for his clear and resonant voice.

Rujun Wu, Director of Peking Opera Company in Japan is skilled in both performing and composing. During his stay in Japan, he successfully combined jinghu (Chinese traditional instrument) and popular music elements to create fresh, unique music.

For tickets and more information about the operas or lectures, please contact NYCOS at (212)-227-2920 or mail@nycos.org or visit www.nycos.org.

About the New York Chinese Opera Society
The New York Chinese Opera Society, Inc. (NYCOS) is a nonprofit organization consisting of volunteers, opera admirers, trained artists and musicians. We believe and appreciate that Chinese Opera with its known historical significance is an important and integral part of Chinese heritage. This art form that so richly rooted in our culture is sorely in need of our support before it becomes a lost art. We also believe that through the efforts of organizations such as ours, the traditions of Chinese Opera with its distinct style of music, singing, instrumentation and staging can be preserved and enhanced.

 

About the Confucius Institute at Pace University
Located at the financial, civic, and cultural center of Manhattan, The Confucius Institute at Pace University is the first university-based institute of its kind in New York City. Founded in partnership with Nanjing Normal University and China’s Phoenix Publishing and Media Group, Pace’s Confucius Institute integrates pedagogical, scholarly, and professional expertise to promote the learning of Chinese language and culture and to facilitate cross-cultural understanding between people in the United States and China.

 

Contact:

Ms. Yilin Wang, Director of Programming and Development

New York Chinese Opera Society, Inc.

Telephone number: (212)-227-2920

Email: yilin_24880822@msn.com

 

Mr. Ansel Lurio, Program Coordinator

Confucius Institute at Pace University

Telephone number: 212-346-1686

Email: alurio@pace.edu

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New York Times: "Across Generations, Gathering Insights - A Review of '4000 Miles, 'at Pace University"

11/20/2013

New York Times: "Across Generations, Gathering Insights - A Review of '4000 Miles, 'at Pace University"

Alice Cannon as Vera and Jacob Perkins as Leo in the Hudson Stage Company’s production of “4000 Miles” at Woodward Hall Theater at Pace University.

Read the New York Times Theater Review.

 

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Business Insider: "The CIA Hemorrhages Spies to Top Wall Street Firms"

11/20/2013

Business Insider: "The CIA Hemorrhages Spies to Top Wall Street Firms"

. . . “There are trillions of dollars of illegal currency in constant circulation. Improved enforcement on transactions is a must, and regulators are pressing for more and better training of professionals in the financial institution sector,” said John James, executive director at the Center for Global Governance, Reporting and Regulation at Pace University in New York.

Read the story by Business Insider.

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TheStreet: "Snark-Nado: What Happened With JP Morgan's Epic Twitter Fail"

11/19/2013

TheStreet: "Snark-Nado: What Happened With JP Morgan's Epic Twitter Fail"

. . . “This was a highly unusual move by JP Morgan, given the nature of recent news stories about the company and the large fines being levied on the bank,” says Darren Hayes, a professor at Pace University’s Seidenberg School of Computer Science and Information Systems in New York. “Companies like JP Morgan are careful about who can ask questions during earnings calls and at other events, so I am surprised that they planned this open dialog and Q&A session.”

Read the story on TheStreet.

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