Understanding the Lasting Impact of Basel III on Community Banks
Overview:Recently, the Federal Deposit Insurance Corporation (“FDIC”) approved an interim final rule adopting the Federal Reserve Board’s current changes to the Basel III bank capital rules under Dodd-Frank. Though FDIC made some changes to Basel III addressing some of the concerns of community banks, still, they have found themselves under increasing regulatory scrutiny with risk-based capital final rule. To help community banks’ executives, the Knowledge Group has gathered a panel of distinguished practitioners and thought leaders to discuss the most critical issues in relation to Understanding Basel III Impacts on Community Banks.
- They will address the following key issues in a two-hour live webcast:
- Basel III for Community Banks: An Overview
- Components of the New Rule that Affect Community Banks
- Three Primary Changes to Basel III July 2013 Version
- Mitigating Impact of New Rules to Community Banks
- Best Practices To Avoid Regulatory Costs
- Latest Regulatory Updates
Sign up for this very timely event by clicking the “Register” button below. Hurry! Class size is limited and discounts are available for early birds.
C. Phillip Buffington Jr., Partner, Adams and Reese LLP
- Basel III for Community Banks: An Overview
- Raising Capital Under New Basel III
Roberta G. Torian, Partner, Reed Smith LLP
- Changes in Basel III requirements from what is currently in place versus what will be required in the next few years that affect community banks.
- This discussion will include risk weighting, restrictions on payouts and other changes.
Douglas P. Faucette, Partner, Locke Lord LLP
- Community banks level. The principal areas of that focus will include:
- Grandfathered capital instruments
- M&A consequences
- AOCI opt –out
- M&A consequences
Wendy Li, Shareholder, Greenberg Traurig, LLP
Bank regulatory and Compliance Standpoint:
- Mitigating impact of Basel III new rules to community banks
- Best practices to avoid regulatory costs, and
- Latest regulatory updates
Who Should Attend:- Senior Executives from Banks and Financial Institutions - Risk Managers in Financial Institutions - Rating Agency Analysts - Financial Controllers in Large Institutions - Credit Risk Officers and Analysts - Portfolio analysts / managers - Lawyers - Auditors - Compliance Officer - Treasurers/ Chief Financial Officers - Financial, Operational, Business Application and External Auditors
Phil is a partner in Adams and Reese LLP and is currently serving as the Co-Leader of the Banking and Finance Team of the firm. His practice is focused primarily on the representation of financial institutions and business entities in transactional and banking litigation matters. He has extensive experience in bank regulatory matters, corporate governance, securities and commercial lending transaction. As a member of the Transaction and Corporate Advisory Group, he practices in the areas of banking and corporate transactions and banking litigation.
Phil has served on the Adjunct Faculty Staff of Mississippi College School of Law (Banking Law and Business Planning). He has also served as a Faculty Member at the Mississippi School of Banking (Loan Documentation I and II) and is a frequent faculty speaker and presenter for continuing legal education and other instructional courses on topics related to his practice, including, bank regulatory matters, commercial lending, entity formation and secured transactions. Phil served as a member of the Corporation Laws, Limit Liability Company Laws and UCC/Debtor-Creditor Laws Policy and Research Committees of the Mississippi Secretary of State’s Committee on Business Reform.
Phil received his B.B.A. (Banking and Finance/Insurance) from the University of Mississippi in 1981. He attended Mississippi College School of Law, graduating in 1984 with his J.D. Phil is a Member of the American Bar Association (Banking Law Committee) and the Independent Community Bankers Association.
Phil is a partner in Adams and Reese LLP and is currently serving as the Co-Leader of the Banking and …
Roberta G. Torian is a partner in the Financial Services Regulatory Group of Reed Smith, resident in the Philadelphia office. Roberta is a bank regulatory lawyer with over 30 years of experience who was formerly general counsel of Advanta Bank and senior counsel of PNC Bank, N.A., and has held numerous leadership roles in the American Bar Association, including Chairperson of the International Subcommittee of the Consumer Financial Services Committee.
Roberta G. Torian is a partner in the Financial Services Regulatory Group of Reed Smith, resident in the Philadelphia office. …
Douglas P. Faucette is a banking attorney in Locke Lord's corporate department and heads the Firm's Banking and Transactional Practice Group.
Mr. Faucette has more than 30 years of experience representing publicly and privately held companies in a variety of corporate and securities transactions. He has represented financial services companies, including insurance, investment banking and real estate companies, commercial banks, savings associations and credit unions before the U.S. Securities and Exchange Commission, the federal and state bank regulatory agencies and the U.S. Congress. In the past decade, he has been involved in the passage of all major financial institution legislation including the Dodd-Frank Act. He has advised clients and spoken to industry groups on the various aspects of Dodd-Frank compliance.
Prior to private practice, he served as the Federal Savings and Loan Insurance Corporation Director of the Securities Division and Senior Associate General Counsel. In that capacity he designed numerous hybrid equity instruments such as the Income Capital Certificate, Mutual Capital Certificates, Subordinated Debt and Net Worth Certificate. While at the FSLIC, he served on the Committee which developed the first risk based capital requirements. Since that time he has devoted his practice to various aspects of capital including compliance with prompt corrective action and risk based capital requirements.
Douglas P. Faucette is a banking attorney in Locke Lord's corporate department and heads the Firm's Banking and Transactional Practice …
Wendy Li is a shareholder in the Corporate & Securities Department and the Financial Regulatory and Compliance Group of Greenberg Traurig, resident in the New York office. Ms. Li regularly represents clients before the Federal Reserve Board, the Securities and Exchange Commission, and various federal and state banking regulators. She is experienced with domestic and international bank regulatory mechanisms and their impact on wholesale and retail banking, securities, trust, and capital market operations. Ms. Li counsels international banks opening branches, agencies, representative offices and brokerage subsidiaries in the United States. She is also experienced with the Financial Holding Company Act, Bank Holding Company Act, Regulation K, Regulation Y, Regulation W, Basel III, Dodd-Frank Act regulations and Volcker Rule Compliance Programs.
Ms. Li holds law degrees from the University of Oxford, Southern Methodist University and Beijing University. She is licensed to practice law in New York and California.
Wendy Li is a shareholder in the Corporate & Securities Department and the Financial Regulatory and Compliance Group of Greenberg …
Print and review course materials
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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About Adams and Reese LLP
Adams and Reese is a multidisciplinary law firm located throughout the southern United States and in Washington, DC. Adams and Reese banking practice includes : Regulatory; Compliance; Mergers and Acquisitions; Formations; Capital Planning; Enforcement Actions; Payment and Investment Systems; Checks, Drafts, and Other Electronic Transactions; Corporate Trusts; Asset Based and Secured Lending; Bankruptcy and Workouts; Structured Finance/Restructuring; Letters of Credit; Financial Derivatives; Public Finance; Tax Credit Investment; Banking, Employment, Mortgage Servicing and Lender Liability Litigation; and Expert Witness Services.
About Reed Smith LLP
Reed Smith is a global relationship law firm with more than 1,800 lawyers in 25 offices throughout the United States, Europe, Asia and the Middle East. Founded in 1877, the firm represents leading international businesses, from Fortune 100 corporations to mid-market and emerging enterprises. Its lawyers provide litigation and other dispute resolution services in multi-jurisdictional and high-stake matters, deliver regulatory counsel, and execute the full range of strategic domestic and cross-border transactions. Reed Smith is a preeminent advisor to industries including financial services, life sciences, health care, advertising, technology and media, shipping, energy trade and commodities, real estate, manufacturing and education. For more information, visit reedsmith.com.
About Locke Lord LLP
Locke Lord LLP is a full-service, international law firm with offices in Atlanta, Austin, Chicago, Dallas, Hong Kong, Houston, London, Los Angeles, New Orleans, New York, Sacramento, San Francisco and Washington, D.C.www.lockelord.com
Our team of approximately 650 attorneys has earned a solid national reputation in complex litigation, regulatory and transactional work. We serve our clients' interests first, and these clients range from Fortune 500 and middle market public and private companies to start-ups and emerging businesses.
Locke Lord's team builds collaborative relationships and crafts creative solutions to solve problems ¬ all designed and executed with long-term strategic goals in mind. Among Locke Lord's many strong practice areas are appellate, aviation, bankruptcy/restructuring/insolvency, business litigation and dispute resolution, class action litigation, corporate, employee benefits, energy, environmental, financial services, health care, insurance and reinsurance, intellectual property, international, labor and employment, mergers and acquisitions, private equity, public law, real estate, regulatory, REIT, tax, technology, and white collar criminal defense and internal investigations.
About Greenberg Traurig, LLP
Greenberg Traurig is an international law firm with approximately 1750 attorneys and governmental affairs professionals in 36 commercial and government centers across the United States and in Latin America, Europe, the Middle East and Asia. Greenberg Traurig provides integrated, business-focused legal services for clients ranging from Fortune 500 corporations to innovative start-ups. The firm’s multidisciplinary teams include senior lawyers who have served as chief legal officers at major multinational companies and have spent years solving real-world problems in the business, political and legal arenas. For additional information, please visit www.gtlaw.com.