Outsourcing Accountability? Examining the Role of Independent Consultants

Financial Institutions and Consumer Protection

Thursday, April 11, 2013
10:00 AM – 12:00 PM
538 Dirksen Senate Office Building

COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON FINANCIAL INSTITUTIONS AND CONSUMER PROTECTION

will meet in OPEN SESSION to conduct a hearing entitled “Outsourcing Accountability? Examining the Role of Independent Consultants”. The witnesses on Panel I will be: Mr. Daniel P. Stipano, Deputy Chief Counsel, Office of the Comptroller of the Currency; and Mr. Richard M. Ashton, Deputy General Counsel, Board of Governors of the Federal Reserve System. The witnesses on Panel II will be: Mr. Konrad Alt, Managing Director, Promontory Financial Group, LLC; and Mr. James F. Flanagan, Leader, U.S. Financial Services Practice, Pricewaterhouse Coopers LLP. Additional witnesses may be added at a later date.

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Witnesses

Panel 1

• Mr. Daniel P. Stipano [view testimony]
  Deputy Chief Counsel
  Office of the Comptroller of the Currency
• Mr. Richard Ashton [view testimony]
  Deputy General Counsel
  Board of Governors of the Federal Reserve

Panel 2

• Mr. Konrad Alt [view testimony]
  Managing Director
  Promontory Financial Group, LLC
• Mr. James F. Flanagan [view testimony]
  Leader
  U.S. Financial Services Practice, Pricewaterhouse Coopers LLP.
• Mr. Owen Ryan [view testimony]
  Partner, Audit & Enterprise Risk Services
  Deloitte & Touche LLP