safety

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Many banks have recently been experiencing tough and thorough safety and soundness exams while at the same time trying to cope with all the credit problems associated with a general economic downturn. Safety and soundness examiners are carefully reviewing commercial and residential real estate loans and in some cases, are demanding write downs and reclassifications of these types of loans particularly where there are no recent appraisals to support the value of the collateral. Examiners are also looking closely at brokered deposits and Federal Home Loan Bank advances and are being critical of high commercial real estate concentrations.

By taking this webcast, learn how to prepare for these conservative and challenging exams and what kinds of questions and requests for information that you will be asked for.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date.)
Advance Preparation: Print and review course materials
Course Code: 083798
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for Safety & Soundness Exams live webcast:


  Event Talking Points (click here for more)
SEGMENT 1:


Michael L Stevens, Senior Vice President, Regulatory Policy,
Conference of State Bank Supervisors

- Key Supervisory Issues
  - Liquidity
  - Capital
  - Commercial Real Estate
  - Unexpected items in the balance sheet
- Managing with an Expanded Federal Safety Net
  - Additional deposit insurance
  - Temporary liquidity guaranty program
  - Capital purchase program
- What's a banker to do?
  - Know ratings definitions
  - Know deposit insurance drivers
  - Responsive posture

SEGMENT 2:


Christopher Cole, Vice President and Senior Regulatory Counsel,
Independent Community Bankers of America

- Community banks are experiencing tough safety and soundness exams. They need to be
  prepared for the worse.
- Community banks claim that field examiners are being overzealous and
  ultra-conservative. Examiners are saying that they are merely enforcing existing policies about
  credit and investments in a tough economic environment.
- Banks say that there are “mixed messages” coming from Washington.
- Some banks are also saying they are being unfairly stereotyped if they are located in areas heavily
  impacted by the current recession.
- Recommendations for improving safety and soundness exams.

SEGMENT 3:


Maureen A. Young, Esq., Partner, Financial Institutions Corporate and Regulatory Group and Co-Chair, Privacy and Security Group,
Bingham McCutchen LLP

I. Regulatory Climate
    a. Spike in Safety and Soundness Enforcement Activity
    b. Regulators Under Pressure to Act Early and Decisively
    c. Different types of Enforcement Actions
    d. The regulatory agencies are not all the same in their enforcement

II. Avoiding Imposition of An Enforcement Action
    a. Keep reading the regulatory tea leaves -- Don’t let specific supervisory concerns
        take you by surprise
    b. Build the program which will serve as your defense
    c. Don’t under-resource the Audit function
    d. Don’t be cited again for previously identified deficiencies
    e. Be ready to present your program
    f. Be responsive and not defensive throughout the exam process
    g. Mount an Effective Response to the Exam Report Findings
    h. Actions to Take if Imposition of an Enforcement Action seems unavoidable
    i. Should an Appeal be pursued?
    j. The Significance of Being Designated in “Troubled Condition”

III. Response to the Enforcement Action
IV. Some Typical Provisions In Safety and Soundness Enforcement Actions
V. A Look at Some Specific Supervisory Guidance
VI. What’s Ahead for Enforcement Activity


Conference of State Bank Supervisors
Michael L Stevens
Senior Vice President, Regulatory Policy
speaker bio »»

Independent Community Bankers of America
Christopher Cole
Vice President and Senior Regulatory Counsel
speaker bio »»

Bingham McCutchen LLP
Maureen A. Young, Esq.
Partner, Financial Institutions Corporate and Regulatory Group
Co-Chair, Privacy and Security Group
                       speaker bio »»

Who Should Attend?

- Bank Directors
- Legal and Compliance Officers
- General Counsels
- Branch Managers
- Credit Analysts
- Safety and Soundness Examiners
- Bank Examiners/Analysts
- Lawyers/Consultants specializing in Financial Institution Regulation

Why Attend?

This is a must attend event to anyone interested in knowing the up-to-the-minute updates on Safety & Soundness Exams
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    



Safety & Soundness Exams - A Conservative Approach for Banks
Speaker Firms:


Conference of State Bank Supervisors


Independent Community Bankers of America





 

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