On-Demand Learning

Banking

Audio Only Web Programs

Released on: Aug. 21, 2013

Taken from the briefing Basel III: Complying with the New Rules recorded August, 2013.The federal banking agencies have just adopted comprehensive regulatory capital rules that will  implement Basel III in the U.S.  In turn, it is time for banking organizations to understand the new rules and bring themselves into compliance with them by the beginning of 2015 (2014, for the largest banking organizations).  The new rules make important ...

Released on: Jun. 13, 2013

Taken from the briefing Basel III and Derivatives Exposures: Understanding the Regulatory Capital Effects recorded May, 2013.The implementation of Basel III in the U.S. and in other jurisdictions may or may not be just around the corner, but it is none too soon for banking organizations to embark on the process of understanding how the evolving regulatory capital regime will affect their balance sheets and operations. One key area of impact will ...

Released on: Sep. 25, 2013

Taken from the briefing CFPB's Responsible Business Conduct: Scope and Application recorded September, 2013. Over the summer, the Consumer Financial Protection Bureau issued important new guidance on the factors it will consider in exercising its enforcement discretion.  CFPB Bulletin 2013-06,  Responsible Business Conduct:  Self-Policing, Self-Reporting, Remediation, and Cooperation provides details on the four factors used to ...

Released on: Jul. 8, 2013

Taken from the briefing Considerations for End-Users of Derivatives recorded June, 2013.Derivatives market participants are becoming subject to a series of regulatory requirements related to clearing, trade reporting, and record-keeping. Even occasional corporate end-users of derivatives will have to prepare to comply with certain of these new obligations.In this Briefing, James Schwartz and Anna T. Pinedo of Morrison & Foerster LLP, and Matthew ...

Released on: Nov. 1, 2012

Taken from the briefing FATCA: The Deadline Looms... Will You Be Ready? recorded October, 2012. In the wake of the massive criminal tax prosecutions of UBS and other foreign firms by the Department of Justice in the late 2000s, Congress enacted FATCA to combat tax evasion by U.S. persons and to deter the facilitation of tax evasion by foreign financial institutions (“FFIs”).  To achieve these goals, FATCA requires that foreign ...

Released on: Feb. 28, 2013

Taken from the briefing Final FATCA Regulations: What Hedge Funds and Private Equity Funds Need to Know recorded February, 2013. The FATCA regime represents the IRS’s far-reaching effort to require “foreign financial institutions,” including offshore investment vehicles, to assist it in enforcing the US tax obligations of US persons. The lengthy final FATCA regulations were published on January 17, 2013. The FATCA regime will ...

Released on: Jul. 31, 2013

Taken from the briefing Growing Criminal Risks of Intermediaries for Cross-Border Financial Crimes recorded July, 2013.In the last couple of decades the U.S. and the world have experienced growing prosecutions of intermediaries for cross-border financial crimes.   A U.S. bank was convicted by a Spanish court for moving money in the Pinochet criminal investigation instead of freezing it.  The U.S. and State of New York have brought criminal ...

Released on: Feb. 21, 2013

Taken from the briefing International Banking, Part I: The Federal Reserve's Proposed Prudential Regulations for Foreign Banks recorded February, 2013. On December 14, 2012, the Federal Reserve proposed significant new regulations affecting the operations of foreign banks in the United States. The proposals are designed to implement the enhanced prudential regulation and early remediation requirements of Dodd-Frank Act sections 165 and 166. Lecture ...

Released on: Mar. 22, 2013

Taken from the briefing International Banking, Part II: Foreign Banks Accessing the U.S. Markets recorded March, 2013. Foreign banks are increasingly seeking to diversify their financing opportunities.  With careful planning, banks can access U.S. investors without subjecting themselves to the securities registration requirements applicable to public offerings and to ongoing disclosure and governance requirements applicable to U.S. reporting ...

Released on: Apr. 4, 2013

Taken from the briefing International Banking, Part III: SEC Registration for Foreign Banks recorded March, 2013. Foreign banks seeking to diversify their financing opportunities may consider SEC registration. This briefing will focus on the registration process; disclosure considerations for financial institutions; and compliance, governance and ongoing reporting. Lecture Topics  [Total Time: 01:05:06] The registration process and ...

Released on: Apr. 16, 2013

Taken from the briefing International Banking, Part IV: Foreign Banks Issuing Covered Bonds into the U.S. recorded March, 2013.Despite the sovereign crisis and heightened volatility, the covered bond market remains very attractive.  Foreign banks continue to access the U.S. markets with covered bond offerings.  We will discuss the market environment, the legal and regulatory considerations, and the process for an exempt offering by a foreign ...

Released on: Oct. 3, 2013

Taken from the briefing International Implications of the JOBS Act Amendments Eliminating the Prohibition on General Solicitation and General Advertising Under Rule 506(c) of Regulation D and Rule 144A recorded September, 2013. Experts will lead a panel and discuss the SEC’s newly-adopted and amended rules under the Jumpstart Our Business Startups Act (the “JOBS Act”) that allow “general solicitation” and “general advertising” in private placements ...

Released on: Dec. 3, 2012

Taken from the briefing LIBOR Scandal: Update on Current Litigation and Other Consequences for the Financial Industry (Audio-only) recorded November, 2012. Headlines continue to break as the LIBOR bid-rigging scandal unfolds, with civil suits and criminal charges quickly following.  A wide range of plaintiffs are attempting to bring class action lawsuits against financial industry participants on this issue.  Significant questions ...

Released on: Dec. 6, 2012

Taken from the briefing London Investment Company Act Equity Procedures 2012 recorded November, 2012. The Forum for U.S. Securities Lawyers in London () has recently launched the London Equity Procedures 2012 (the “Procedures”), which include a menu of procedures and considerations to be used by issuers in the London market taking advantage of the Section 3(c)(7) exemption under the Investment Company Act of 1940 for equity securities.  ...

Released on: Mar. 26, 2013

Taken from the briefing Navigating the Requirements for Derivatives Trading: Title VII of Dodd-Frank recorded March, 2013. Now that the rulemaking relating to Title VII of the Dodd-Frank Act has been nearly finalized, market participants are preparing themselves to function in a very different derivatives market.  Title VII imposes a comprehensive regulatory framework for derivatives, and requires both end-users and dealers to adopt new compliance ...

Released on: Apr. 11, 2013

Taken from the briefing New OCC Foreclosure Settlements: Moving on From the Independent Foreclosure Review Process recorded March, 2013. Millions of homeowners have lost their homes and been subjected to unlawful conduct by mortgage servicing companies in the context of both judicial and non-judicial foreclosure proceedings around the country. The Office of the Comptroller of the Currency and the Federal Reserve recently announced that they reached ...

Released on: Oct. 24, 2013

Taken from the briefing New York State Department of Financial Services - Recent Initiatives in Consumer Protection and Capital Markets recorded October, 2013.The New York State Department of Financial Services (“DFS”) was formed in October 2011, merging the former state banking and insurance departments into a dynamic new regulatory agency. Two senior executives from DFS will speak about some of the groundbreaking work their divisions have been pursuing ...

Released on: Jul. 12, 2013

Taken from the briefing Return of Structured Finance and Residential MBS recorded June, 2013.As the U.S. capital markets continue to gain relative strength and longstanding regulatory uncertainties are resolved, ABS, MBS and covered bond issuers are increasingly inquiring about the prospects for entering these markets once again. The years since the financial crisis have brought sweeping changes in the rules affecting structured finance in the U.S., ...

Released on: May. 15, 2013

Taken from the briefing SEC's Extension of Exemptions for Security-Based Swaps 2013 recorded April, 2013.Among its many important changes to the legal landscape, The Dodd-Frank Act defined the term “security” to include security-based swaps. The SEC has taken a deliberative approach in relation to the effects of this change, and recently extended until February, 2014 the expiration date of certain temporary exemptions and interim final rules that ...