The Federal Reserve's Proposed Liquidity Rule and its Impact on Financial Institutions
Overview:The Federal Reserve has issued a proposal that aims to impose quantitative requirements on major US banks’ liquidity management practices. More so, the proposal generally follows the Basel Committee’s international standard on Banking Supervision in early 2013 but with some twists, including an accelerated phase-in schedule.
The Knowledge Group has assembled a panel of key thought leaders and distinguished professionals to help financial and bank executives understand all the significant issues surrounding this critical issue. In addition to regulatory updates, our speakers will also provide an in-depth analysis of the liquidity rule’s impact on their businesses and the broader economic environment. You will also have the opportunity to interact live with the speakers during the Q&A session.
- Evolution of Liquidity Risk Management
- Regulatory Liquidity – Still Evolving
- Proposed Liquidity Standards/ Who is Affected?
- Key Measurements and Definitions
- Key aspects of Basel III – Liquidity Risk Management
- High Quality Liquid Assets (HQLA) - Overview
- Liquidity Risk Management - Considerations
- Liquidity Risk Management – data requirements
- Modeling Cash Inflows / haircuts – daily for first 30 days
- Modeling Cash outflows - Haircuts
- Regulatory Issues
- Cost to Comply
Who Should Attend:
- Banks Executives
- Financial/Accounting Managers
- Risk Managers
- Treasury Managers
- Executive Officers
- Risk Analysts & Controllers
- Financial Analysts
- Heads and Operating Staff of Liquidity Management, Liquidity Controlling and Treasury Departments
- Banking & Finance Lawyers
- Business Consultants
- Chief Risk Officers
- And Other Interested Professionals
Raman Mandapaka is a Director in the Valuations and Financial Risk Management practice and leads the quantitative risk management practice. Mr. Mandapaka brings extensive experience in the fields of mortgage finance, capital markets, data quality and integrity, data analytics, and econometric and financial modeling applications to financial institution regulatory, accounting and litigation issues. His experience includes delivering regulatory compliance, risk management, and model validation services. His quantitative specialization includes modeling credit risk, counterparty risk, and liquidity risk, structured products and asset liability management.
He obtained his Ph.D. degree in Economics from the State University of New York at Stony Brook, NY.
Raman Mandapaka is a Director in the Valuations and Financial Risk Management practice and leads the quantitative risk management practice. …
Sean Hussey is a Director at Navigant in the Valuation and Financial Risk Management practice and is based out of Washington, DC. Mr. Hussey brings with him over 25 years of credit risk management experience, primarily with Bank of America, AmSouth and Regions Bank. Mr. Hussey has extensive experience in the management and modeling of consumer risk, credit MIS, policies and internal/ regulatory reporting.
Sean was in charge of Portfolio Management at Bank of America and Regions Bank. He managed the development of forecasting and stress testing models for the commercial, business banking, residential mortgage, auto, and credit card portfolios and the related factor models used for stress testing. Regions Bank was one of the select banks that participated in the QIS studies conducted by regulators as Basel was tested and implemented n the US. Stress test results resulted in several initiatives to lower the Bank’s risk profile including purchasing credit insurance on high LTV residential loans and exiting the subprime market.
He was also a member of the Corporate Credit Risk Management Committee which monitored risk and reviewed proposals effecting risk in the portfolio.
Sean Hussey is a Director at Navigant in the Valuation and Financial Risk Management practice and is based out of …
Brian Barrett has nearly 25 years of experience as an investment banker and lawyer. Prior to joining Sutherland, he was a Vice President for Global Liquidity Products at Goldman Sachs in New York, where he developed products and executed transactions in which banks, insurance companies, catastrophe (CAT) bond issuers, money market funds and pensions deployed liquidity. Before that, he was Managing Director of Secured Credit Products at HSBC Bank U.S.A., where he developed the insurance-linked securities (ILS) business, including AXXX/XXX securitizations, Embedded Value realization and other transactions executed by insurance companies.
Understanding transactions from the legal and business perspectives, Brian delivers guidance on insurance linked securities, sidecars, secured and unsecured financings, prime brokerage, collateral swaps and derivatives. Brian also advises financial services clients on financial regulations, including Basel III and the Volcker Rule, as well as the evolving business conduct, margin requirements, transaction documentation and reporting responsibilities under the Dodd-Frank Act.
Brian Barrett has nearly 25 years of experience as an investment banker and lawyer. Prior to joining Sutherland, he was a …
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Method of Presentation:
On-demand Webcast (CLE)
NASBA Field of Study:
NY Category of CLE credit:
2.0 CPE (Not eligible for QAS (On-demand) CPE credits)
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Sutherland Asbill & Brennan LLP is a law firm with global reach known for solving challenging business problems and resolving sophisticated legal issues for many of the world’s largest companies. Founded in 1924, the firm handles matters throughout the United States and worldwide. Seven major practice areas—corporate, energy and environmental, financial services, intellectual property, litigation, real estate, and tax—provide the framework for an extensive range of focus areas, allowing Sutherland attorneys to serve a diverse client base that ranges from small and medium-sized start-up businesses to a significant number of Fortune 100 companies.