Dodd-Frank: Leverage and Risk-Based Capital Requirements For Banks (SEC. 171) LIVE Webcast
Overview:
Even before the recent economic downturn, there had been continuing efforts to revise capital requirements of global banking firms through the Basel Committee of the Bank for International Settlements (Basel). The financial meltdown accelerated these efforts and led to Dodd-Frank –the most sweeping regulatory reforms in nearly 100 years. Through provisions such as the Collins amendment and enhanced prudential standards for significantly important financial institutions (so-called SIFIs), Dodd-Frank fundamentally changes capital requirements of U.S. banking institutions and may impose capital requirements on non-banking companies previously exempt from the capital rules. In addition, enhanced supervisory efforts (like stress-testing) and new capital and liquidity standards imposed under Basel III are causing financial firms to reevaluate the sufficiency of their capital in relation to their assets, activities and underlying risks. This event will provide an overview of the most significant changes expected from Basel and Dodd-Frank, including:
– Basel III
– the Collins amendment,
– enhanced prudential capital standards applicable to SIFIs, and
– annual capital plans (CCAR), stress-testing, and other supervisory issues.
It will also discuss the implications of these changes, including:
– increases in overall capital requirements (new minimums and buffer requirements),
– elimination of trust preferred securities as a form of Tier 1 capital,
– capital deductions for certain assets (e.g., MSRs, deferred tax assets, investments in financial firms), and
– applicable phase-in periods.
A panel of industry leaders and governance experts is being assembled by the Knowledge Group to discuss these sweeping capital developments and what they mean for the financial services industry. The presentation will be aired in a LIVE two-hour Webcast.
Agenda:
Session I – OVERVIEW
- Collins Amendment (Kimble Charles Cannon, Of Counsel, Gibson, Dunn & Crutcher LLP)
- Enhanced prudential capital standards applicable to SIFIs (Keith R. Fisher, Of Counsel, Ballard Spahr LLP)
- Annual capital plans (CCAR), stress-testing, and other supervisory issues (Stacie E. McGinn, Partner, Simpson Thacher & Bartlett LLP)
Session II – PRACTICAL IMPLICATIONS
- Increases in overall capital requirements (new minimums and buffer requirements) (Stacie E. McGinn, Partner, Simpson Thacher & Bartlett LLP)
- Basel III (Michael H. Krimminger, General Counsel, Federal Deposit Insurance Corporation)
- Applicable phase-in periods (Christopher Cole, Senior Vice President and Senior Regulatory Counsel, Independent Community Bankers of America)
Who Should Attend:
- Bank Regulators
- Bank Presidents
- Bank Owner/Executives
- Financial Institutions’ Executives
- Bank Supervisors
- Compliance Officers
- CFOs
- CEOs
- Investors
- Chief Risk Officers
- Banking Regulation Lawyers
- Banking Lawyers & Consultants
- Finance Lawyers
- Senior Management
- And other related professionals
Mr. Krimminger is the General Counsel for the Federal Deposit Insurance Corporation. Prior to this appointment he was Deputy to …
Current Position: Senior Vice President and Senior Regulatory Counsel of the Independent Community Bankers of America, focusing on deposit insurance …
Frank A. Mayer, III, is a partner in the Financial Services Practice Group of Pepper Hamilton LLP, resident in the …
Stacie McGinn is a partner in the New York office of Simpson Thacher & Bartlett LLP. Ms. McGinn is a …
Kimble Charles Cannon is of counsel in the Los Angeles and Washington offices of Gibson, Dunn & Crutcher, focused on …
An honors graduate of Princeton University and Georgetown Law, Keith Fisher is currently Of Counsel to Ballard Spahr LLP in …
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
On-demand Webcast (CLE)
Prerequisite:
NONE
Course Code:
1243741
NASBA Field of Study:
Specialized Knw and Apps
NY Category of CLE Credit:
Total Credits:
2.0 CLE
Login Instructions:
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SPEAKERS' FIRMS:
Federal Deposit Insurance Corporation
Simpson Thacher & Bartlett LLP
About Federal Deposit Insurance Corporation
About Independent Community Bankers of America
Website: https://www.icba.org/
About Pepper Hamilton LLP
Website: https://www.pepperlaw.com/
About Simpson Thacher & Bartlett LLP
About Gibson, Dunn & Crutcher LLP
Gibson, Dunn & Crutcher is a full-service global law firm, with more than 1,100 lawyers in 17 offices worldwide, including New York, Los Angeles, Washington D.C., Dallas, Denver, San Francisco, Palo Alto, Orange County, Century City, Paris, London, Munich, Brussels, Dubai, São Paulo, Hong Kong and Singapore.
About Ballard Spahr LLP
Website: https://www.ballardspahr.com/