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Press Release

April 18, 2007, BankNews.TV announce that KPMG in Canada will participate in the StartaBank.ca breakfast conference to be held June 14th.

This event is geared for non-traditional companies looking for information about starting a bank in Canada.

KPMG will be speaking at this event along with other internationally recognized speakers including Helen Sinclair, former president of the Canadian Banking Association. Participants will also have the opportunity to speak with our sponsors including Fasken Martineau, Telus, and Fincentric/OpenSolutions.

KPMG recently announced that they will participate in this event and that Mary Filippelli, Partner-in charge of KPMG’s Regulatory Compliance practice will be a keynote speaker. Mary Filippelli believes that, “This is a fantastic time for any organization considering offering financial services into the Canadian market.” Participants will learn first hand what they can expect from start to finish.

KPMG has an experienced team of financial services professionals and extensive experience working with Canada’s leaders in the financial services industry. They have worked with several non-banks to assist in the establishment and licensing of regulated financial institutions in Canada. Apart from speaking, representatives will be on hand to share their experience and can assist applicants in the preparation and development of their application for incorporation and in managing the successful completion of business, operational and compliance-related activities required to launch a Canadian federally regulated institution.

About KPMG
KPMG has the knowledge and extensive experience around banking and the bank license application process, as well as an established program management methodology. KPMG’s team consists of seasoned consulting, tax, audit and regulatory compliance professionals who have direct experience in successfully setting up and operationalizing a number of highly successful banks in Canada.

KPMG also has strong relationships with regulators such as the Office of the Superintendent of Financial Institutions as well as the Canadian Bankers Association, the Canadian Payments Association, the Ontario Securities Commission and others in the financial community. We understand the regulations and accepted practices in the marketplace and will work with applicants to solicit support and feedback from the regulatory community and to clarify/resolve any issues that may arise.”

For more information contact:
Margo Legault
Event Sales
514.671.0208
margo@banknews.tv

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