RMA cancels conference due to COVID concerns 27 July 2020Philadelphia Reporter: Natalie Turner
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The Risk Management Association (RMA) has decided to cancel the annual securities finance and collateral management conference due to uncertainties around COVID-19.
The association has chosen to devise a virtual experience to replace the 37th annual conference which was due to take place in Amelia Island for the first time in October.
Due to the widespread pandemic, the RMA has decided not to host its annual conference in person this year. The RMA revealed in a statement that it wishes to ensure the health and safety of all its members, and is vigilant of the additional challenges that everyone is facing working from home.
The association says the move comes following consultations with sponsors and other attendees.
Fran Garritt, director of securities lending and market risk at the RMA states: 鈥淣o one is more disappointed than me that we won鈥檛 be able to gather together and discuss industry issues, best practices, and network during these difficult times.鈥�
Over the coming weeks, Garritt will be working with the securities lending council to devise a virtual experience to keep everyone up to date on industry issues.
The RMA has requested attendees save the dates 13-15 October for the virtual events.
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