Document ID: FERC-2008-0770-0002
Agency: ferc
Document Type: Notice
Title: Meetings: Workshop on Regulatory Compliance
Posted Date: 2008-07-03T04:00Z

[Federal Register: July 3, 2008 (Volume 73, Number 129)]
[Notices]               
[Page 38196-38197]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr03jy08-45]                         

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. AD08-5-000]

 
Compliance Workshop; Second and Final Notice of Workshop on 
Regulatory Compliance

June 25, 2008.
    As noticed in the ``First Notice of Workshop on Regulatory 
Compliance,'' the staff of the Federal Energy Regulatory Commission 
(Commission) will hold a workshop on July 8, 2008, in the Commission 
Meeting Room at the Commission's Washington, DC headquarters, 888 First 
Street, NE. Please note that the starting and ending times of the 
conference have been changed to provide further opportunity for 
discussion. The workshop will now begin at 9 a.m. and end at 1 p.m. 
Eastern Daylight time. This workshop will provide a forum for 
interested participants to share perspectives and information on 
federal energy regulatory compliance. The workshop will focus, in 
particular, on the elements of a sound compliance program. One or more 
of the Commissioners may attend the workshop.
    As indicated in the previous notice, issued May 21, 2008, this 
notice provides more information on the format of the workshop and the 
topics to be explored. For this information, please see the attached 
Agenda and the detailed panel descriptions below.
    The workshop will consist of two panels, which will be introduced 
and moderated by Commission staff. The first panel, entitled 
``Designing and Developing a Compliance Program,'' will include 
executives from three companies, two that are currently in the process 
of designing FERC-related compliance programs for their respective 
companies and one who is from a consulting firm that specializes in 
assisting energy firms to develop effective compliance programs. These 
panelists' presentations may address the following topics:
     Identifying and prioritizing risks;
     Integrating FERC compliance with other regulatory 
requirements (e.g., Securities and Exchange Commission, Commodity 
Futures Trading Commission, Department of Justice, and Federal Trade 
Commission);
     Developing an appropriate organizational structure that 
ensures the independence of compliance personnel;
     Tying management and employee incentives/compensation to 
achieving certain compliance targets;
     Developing a training program and manuals that address the 
applicable Commission requirements;
     Designing recordkeeping and retention policies;
     Establishing accountability/reporting systems;
     Committing adequate resources to compliance (i.e. funding 
and personnel); and,
     Other topics as identified by the panelists or the 
audience.
    The second panel, entitled ``Implementing and Maintaining a 
Compliance Program,'' will include compliance officers from three 
companies that represent the gas, electric, and financial industries. 
These compliance officers have been involved in the implementation and 
maintenance of FERC-related compliance programs at

[[Page 38197]]

their respective companies. These panelists' presentations may address 
the following topics:
     Internal reporting of possible non-compliance (e.g., 
internal Hotline);
     Leadership and commitment by senior management;
     Periodic internal audits, compliance monitoring, and 
reporting to the Board;
     Ongoing employee training;
     Ongoing monitoring and communication of regulatory changes 
to line personnel;
     Ensuring that all contracts are subject to an 
organization's internal legal review and approval process;
     Periodic assessment of the organization's compliance 
policies and training materials;
     Promoting effective communication between operations and 
compliance personnel;
     Self-reporting potential violations; and,
     Other topics as identified by the panelists or the 
audience.
    Each panel will be immediately followed by an open mike discussion, 
during which those in attendance may pose questions directly to the 
panelists or comment on the presentations via a microphone in the 
Commission Meeting Room. Audience members are also encouraged to 
provide additional information to augment the panelists' presentations.
    As stated previously, this workshop will neither be web-cast nor 
transcribed. All interested parties are invited, and registration is 
not required to attend.
    Commission conferences are accessible under section 508 of the 
Rehabilitation Act of 1973. For accessibility accommodations please 
send an e-mail to accessibility@ferc.gov or call toll free 1-866-208-
3372 (voice) or 202-208-1659 (TTY), or send a FAX to 202-208-2106 with 
the required accommodations.

Kimberly D. Bose,
Secretary.

Agenda

9-9:10 a.m. Opening Remarks
9:10-10:30 a.m. Designing/Developing a Compliance Program
    Howard Friedman, Senior Manager, Regulatory & Capital Markets 
Consulting Energy & Resources, Deloitte & Touche LLP.
    Michael Berry, Compliance Manager, Integrated Supply and Trading, 
BP North America.
    Jeff Guldner, Vice President, Rates and Regulation, Arizona Public 
Service Company.
10:30-11 a.m. Open Mike Discussion: Comments and Questions from the 
Audience
11-11:10 a.m. Break
11:10-12:30 p.m. Implementing and Maintaining a Compliance Program
    Kendal Bowman, Associate General Counsel, Progress Energy.
    Steve Phillips, Director, Compliance and Ethics, E.ON U.S. LLC.
    Ike Gibbs, Compliance Director and Assistant General Counsel, J.P. 
Morgan.
12:30-1 p.m. Open Mike Discussion: Comments and Questions from the 
Audience

[FR Doc. E8-15094 Filed 7-2-08; 8:45 am]

BILLING CODE 6717-01-P