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Overview
The US federal banking regulators are proposing significant changes to the liquidity requirements for banking organizations. These changes, largely in response to the 2023 regional bank failures, are expected to have a significant impact on the operations of banks of all sizes. In particular, the proposal is expected to codify a supervisory expectation that banks maintain the systems and collateral necessary to instantly draw on the Federal Reserve’s discount window. Additionally, the proposal will most likely address concerns regarding unrealized losses on high-quality liquid assets (HQLA) and runoff assumptions for deposits. Please join experts as they discuss these and other aspects of the proposal.
Key areas to be discussed include:
- Introduction to bank liquidity (7 minutes)
- Post-2008 reforms (7 minutes)
- 2023 regional banking crisis (5 minutes)
- Supervisory response (5 minutes)
- Discount window readiness (10 minutes)
- HQLA qualification (10 minutes)
- Deposit outflow assumptions (8 minutes)
- Industry response and next steps (8 minutes)
Who Should Attend: In-house counsel, outside attorneys, asset-liability management specialists, funding and finance professionals interested in learning about current developments in liquidity regulation
Program Level: Update
Prerequisites: None
Advanced Preparation: None
Faculty:
Matthew Bisanz
Mayer Brown LLP
Jason J. Cabral
Gibson, Dunn & Crutcher LLP
Leel Sinai
Haynes and Boone LLP