Final Stress Testing Guidance for Large Banks With Implications on Smaller Institutions Explored

Broadcast Date: Monday, December 17, 2012 from 12:00 pm to 2:00 pm (ET)

Overview:

The Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation issued final guidance regarding stress testing. The guidance provides approaches and applications to be used for a satisfactory testing. This is to ensure that large banks have effective policy framework that could help them build appropriate risk management policies. While the regs are aimed primarily at the larger banks, all financial institutions should understand what’s happening as it’s only a matter of time before significant elements of these policies trickle down to the smaller institutions.

To explore and explain the new stress testing guidance, the Knowledge Group has put together a panel of experts to help CFO’s, Finance Executives, Advisers, and Attorneys understand its implications. The speakers will share their expert opinions in a two-hour LIVE Webcast.

Agenda:

SEGMENT 1:
Christopher L. Allen, Attorney,
Arnold & Porter LLP

Overview of the evolution of current stress-testing requirements for larger institutions
Overview of mandatory Dodd-Frank Act stress testing
Agency guidance to community banks on stress testing
Practical considerations as to supervisory stress-testing expectations for community banks in light of the large-bank rules and the community-bank guidance

SEGMENT 2:
Preston Thompson, Executive Director,
Ernst & Young

CCAR Stress Testing and Methodology
Enterprise Stress Testing
Scenario/Sensitivity Analysis
Reverse Stress Testing
Governance and Reporting
Overview of Industry Practices and Common Challenges

Who Should Attend:

Bank Regulators
Bank Presidents
CEOs
CFOs
Lawyers
Chief Risk Officers
Senior Management
Other Related Professionals

Christopher L. Allen Attorney Arnold & Porter LLP

Chris Allen is a senior associate in the firm’s Financial Services group, where he represents clients in a broad range …

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Preston Thompson Executive Director Ernst & Young

Preston Thompson is an Executive Director in the Financial Services Office (FSO) of Ernst & Young LLP. Preston co-leads the …

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Course Level:
Intermediate

Advance Preparation:
Print and review course materials

Method of Presentation:
On-demand Webcast (CLE)

Prerequisite:
NONE

Course Code:
124359

NASBA Field of Study:
Specialized Knw and Apps

Total Credits:
2.0 CLE

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About Arnold & Porter LLP

Arnold & Porter’s financial services group is widely recognized to be among the nation’s premier financial services practices. Our team of over 35 lawyers, led by senior lawyers with significant experience in government regulatory agencies, affords clients comprehensive regulatory, litigation, and transactional advice on complex and challenging matters, and our broad experience in dealing with financial regulatory agencies allows us to provide highly informed and sophisticated counseling and representation.

The practice group is recognized for developing innovative structures and novel solutions to regulatory issues, which allow clients to optimize their business strategy. Clients include a broad cross-section of bank holding companies, savings institutions, foreign banks, insurance companies, securities firms, investment managers, electronic commerce businesses, and foreign governments. The team is supported by the full interdisciplinary resources of Arnold & Porter, including the Corporate and Securities; Litigation; Public Policy and Legislative; Antitrust/Competition; Tax, Trusts, and Estates; ERISA; Environmental; and Intellectual Property practice groups.

Website: https://www.arnoldporter.com/

About Ernst & Young

The relationship between risk and performance improvement is an increasingly complex and central business challenge, with business performance directly connected to the recognition and effective management of risk. Whether your focus is on business transformation or sustaining achievement, having the right advisors on your side can make all the difference. Our 25,000 advisory professionals form one of the broadest global advisory networks of any professional organization, delivering seasoned multidisciplinary teams that work with our clients to deliver a powerful and superior client experience. We use proven, integrated methodologies to help you achieve your strategic priorities and make improvements that are sustainable for the longer term. We understand that to achieve your potential as an organization you require services that respond to your specific issues, so we bring our broad sector experience and deep subject matter knowledge to bear in a proactive and objective way. Above all, we are committed to measuring the gains and identifying where the strategy is delivering the value your business needs. It’s how Ernst & Young makes a difference. For further information, please visit www.ey.com

Website: https://www.ey.com/