Why you should attend
The banking industry is in the midst of a fundamental transformation of the regulatory framework in which it operates, as well as shifting regulatory approaches and enforcement priorities. These changes, taking place in an environment of continuing global economic challenges, require bankers and counsel who practice in the financial services industry to reexamine basic assumptions about business operations and future trends. With changing regulations on every subject from capital and liquidity to executive compensation, and new and existing agencies refocusing their enforcement priorities, it is critical that financial industry participants understand the sweeping new rules and enforcement priorities that will shape the future of the industry. At this year’s Banking Law Institute, our expert faculty will provide you with a comprehensive overview of this developing regulatory framework as well as the significant operational and compliance issues facing industry participants and regulators, and provide insight into the future direction and challenges of the new legal and regulatory environment.
What you will learn
- Explore key issues and implications of the new rulemakings
- Hear how industry players are changing their operations in response to current and anticipated regulatory developments
- Survey the changing landscape of M&A in the post-reform era
- Understand the scope and focus of likely rulemakings and enforcement priorities of the Consumer Financial Protection Bureau (CFPB) and the other agencies
- Examine important changes to capital and liquidity requirements
Who should attend
This program will provide important insight into the scope and implications of the financial reform legislation and the rules implemented in its wake. Senior executives, legal staff, investment bankers, outside counsel and others involved with domestic and international financial institutions, as well as investors in the financial services industry, will benefit from this program.
PLI Group Discounts
Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact firstname.lastname@example.org or call (800) 260-4PLI.
All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.
Please plan to arrive with enough time to register before the conference begins. A networking breakfast will be available upon your arrival.
Morning Session: 9:00 a.m. - 12:45 p.m.
Lee A. Meyerson, William J. Sweet, Jr.
9:05 Systemic Risk – the Challenge of Systemically Important Financial Institutions (SIFIs) and Systemic Issues at Institutions with Less Than $50 Billion in Assets
- Systemic Risk – the Challenge of Systemically Important Financial Institutions (SIFIs)
– Identifying non-bank SIFIs: GE Capital, AIG, Prudential, MetLife and more?
– Enhanced prudential standards
– Breaking up or shrinking “too big to fail” banks
– Shadow banking initiatives
- Systemic Issues at Institutions with Less Than $50 Billion in Assets
– Stress testing
– Capital plans
– Limits on dividends and repurchases
– Risk committee and risk management requirements
Amias Gerety, Randall D. Guynn, William D. Haas, Edward P. Schreiber, Christopher J. Spoth
10:45 Networking Break
11:00 New Rules and Regulatory Proposals: Capital Rules, Volcker, Sections 23A and 23B and Other Regulatory Proposals
- New Capital Rules and Proposals: Is There an End?
– Basel III capital rule
– Leverage proposal
– Senior debt requirements
– Basel liquidity requirement
– Domestic and international convergence/divergence
- The Volcker Rule, Sections 23A and 23B and Other Regulatory Proposals
– Volcker Rule implementation – prop trading and fund investment/sponsorship
– Banking and physical commodities
– Compliance responsibilities
– Revised capital requirements
Scott M. Albinson, Anna Lee Hewko, Heather R. Koenig, Joanne T. Medero, Michael W. Waldron, Mark J. Welshimer
Afternoon Session: 1:45 p.m. - 5:00 p.m.
1:45 Enforcement: New Developments and Consumer Financial Protection: Supervision and Enforcement
- Enforcement: New Developments
– Industry settlements – issues and lessons
– New enforcement priorities
– Use and abuse of consultants
– Anti-money laundering enforcement
- Consumer Financial Protection: Supervision and Enforcement
– Fair lending
– Qualified residential mortgages
– Payday lending/deposit advance
– Indirect auto finance
Richard M. Alexander, Ori Lev, Jon M. Seward, Jonice Gray Tucker, Ellen M. Warwick
3:15 Networking Break
3:30 Foreign Bank Regulation and Current and Future M&A Activity
- Foreign Banks: Will They Restructure or Exit the U.S.?
– Foreign Bank Prudential Rule Proposal
– Capital implications and restructuring alternatives
– Challenges of enterprise-wide risk and liquidity management
– Impact of the Vickers and Liakken Reports on U.S. Operations
– Cross-border insolvency challenges
- Current and Future M&A Activity
– The coming consolidation wave?
– Key structuring risks/challenges in the new environment
– Regulatory uncertainty: doing deals after M&T
– Regulatory incentives for consolidation
Derek M. Bush, Nicholas G. Demmo, W. Grant Gregory, Jr., David C. Ingles, Alan B. Kaplan, Michael Schussler
Scott M. Albinson
~ Managing Director; Co-Head of Banks, North America, JPMorgan Chase & Co.
~ Deputy Assistant Secretary; Financial Stability Oversight Council (FSOC), U.S. Department of the Treasury
W. Grant Gregory, Jr.
~ Managing Director; Head of North America Banks, Investment Banking Division, Morgan Stanley
William D. Haas
~ Deputy Comptroller, Midsize Bank Supervision; Office of the Comptroller of the Currency (OCC), U.S. Department of the Treasury
Anna Lee Hewko
~ Deputy Assoicate Director of Division of Banking Supervision and Regulation, Federal Reserve Board
Heather R. Koenig
~ Global Chief Regulatory Counsel, Head of Office of Public Policy and Regulatory Affairs, The Bank of New York Mellon Corporation
Brian J. Kreiswirth
~ Deputy Fair Lending Director, Office of Fair Lending and Equal Opportunity, Consumer Financial Protection Bureau (CFPB)
Jon M. Seward
~ Deputy Chief; Housing and Civil Enforcement Section, U.S. Department of Justice
Ellen M. Warwick
~ Director, Enforcement and Compliance Division; Office of the Comptroller of the Currency, U.S. Department of the Treasury
New York City Seminar Location
PLI New York Center
, 1177 Avenue of the Americas, (2nd floor), entrance on 45th Street, New York, New York 10036. Message Center, program days only: (212) 824-5733.New York City Hotel Accommodations
Crowne Plaza Times Square Manhattan
, 1605 Broadway (at 48th Street), New York, NY 10019 (212) 977-4000. You can also make reservations online
to access PLI's rates.
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