Michael R. Whitt Q.C., Partner, Bennett Jones LLP to Speak at Knowledge Congress' Event

Sept. 26, 2012 - PRLog -- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Michael R. Whitt Q.C., Partner, Bennett Jones LLP, will speak at a 2-hour webcast entitled “Financial Institutions Beware: Cloud Computing Compliance Under Guideline B-10 LIVE Webcast.” This event is scheduled for October 23, 2012 from 12pm-2pm (ET).


About Michael Whitt

Michael Whitt is co-leader of the firm's information technology practice and advises technology-based businesses on commercialization and compliance matters, and on the structure, negotiation and documentation of novel business models, strategies and transactions, particularly regarding intellectual property and information and other technologies.  Michael has been involved with computer and information technologies for over three decades and advises small, medium and large clients with technology or intellectual property assets and operations.  Michael has worked, spoken, written and chaired conferences focused on Cloud Computing.
2011, IAM Licensing 250 - The World's Leading Patent and Technology Licensing Lawyers, Michael Whitt, Q.C. recognized as a world’s leading lawyer in patent and technology licensing.
He is a Fellow of the Intellectual Property Institute of Canada and is the Chair of the Calgary IPIC Informals Group.

About Bennett Jones LLP

When you plug into Bennett Jones, you get a network of more than 360 domestically and internationally recognized lawyers, and 500 staff working together to fulfill your legal and business objectives. With offices in Calgary, Toronto, Edmonton and Ottawa, and represented internationally in Abu Dhabi, Doha, Dubai and Beijing, you are connected to individuals with world class reputations, knowledge and experience to guide you through the present and potential outside influences on your business and your industry.

For more information about Michael Whitt and Bennett Jones please visit: www.bennettjones.com/


Event Synopsis:

In the last several years, cloud computing has significantly changed the way businesses protect the integrity of their data. While there are huge advantages to this model – there are also significant costs especially with respect to compliance. Financial institutions adopt cloud computing solutions as part of their mainstream business operations they too must grapple with a stepped up regulatory environment.

The Office of the Superintendent of Financial Institutions (OSFI) recently issued a memorandum under its Guideline B-10 which focuses on the following concerns:

(i) confidentiality, security and separation of property:
(ii) contingency planning;
(iii) location of records;
(iv) access and audit rights;
(v) subcontracting; and
(vi) Monitoring the material outsourcing arrangements.

The memorandum also reminds financial institutions that despite the competitive advantage cloud computing offers, they should prepare for the regulatory issues on the way particularly as suggested in OSFI’s Guideline B-10.

Going beyond the basics, the Knowledge Group has assembled a team of experts who will help you understand the most important aspects of OSFI’s Guideline B-10 with respect to cloud computing. They will present their thoughts and opinions on how to best comply with the associated requirements under Guideline B-10.

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.

The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries.  For further details, please visit the organization’s website: www.knowledgecongress.org