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Dodd-Frank: Capital Levels and Deposit Insurance Reform in 2012 (SEC. 331, 616)
   LIVE Webcast  

 


Event Details:                                                                                                                                                          

The Dodd-Frank Act, which was signed into law in July 2010, has brought major changes to the operations of banks and financial institutions. More likely, unprecedented changes came for deposit insurance and capital level requirements with the implementation of SEC. 331, 616.

The Knowledge Group has assembled a panel of distinguished professionals to help financial institutions understand the significant issues surrounding deposit insurance reform and capital level requirements. The speakers will share their expert opinions and answer your questions in a two-hour LIVE Webcast.



Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Advance Preparation: Print and review course materials
Course Code: 124273
Recording Fee: $299 (Please click here for details)

 

Featured Speakers for Dodd-Frank: Capital Levels and Deposit Insurance Reform in 2012 (SEC. 331, 616) LIVE Webcast :


Agenda  (click here to view more)


SEGMENT 1:
Douglas Faucette, Partner,
Locke Lord LLP

Impact on Community Banks of Capital Compliance Under Basel III
  • 1. Definitions of three components of capital -Purification of Tier 1 capital
    • a. CET1 Ratio
    • b. Additional Tier 1 Capital ratio
    • c. Total Capital Ratio
  • 2. Phase out of Non Qualifying Instruments – Continued Purification of Tier 1 capital
    • a. TRUPs
    • b. Cumulative Preferred Stock
    • c. Mutual instruments
  • 3. Adjustments to Capital -Volatility of capital
    • a. Accumulated Other Comprehensive Income/loss AOCI
    • b. Mortgage Servicing Assets MSAs 10% of CET1 limit
    • c. Acquired for Sale AFS Securities and Cash Flow Hedges
    • d. Investments in Non-consolidated Financial Entities
    • e. Deferred Tax Assets DTAs -10% CET1 limit
    • f. Pension Assets and liabilities
    • g. Significant investments in bank common stock.
  • 4. Capital Conservation Buffer New 2.5 % capital Buffer requirement The Sky’s the Limit
    • a. Restrictions on Capital Distributions and executive discretionary bonuses
  • 5. New Risk Weightings Increase in range of general categories from two( 0% to 100%) to six categories(0% to 600%). Special Impact on community banks and Housing
    • i. category 1 Mortgage criteria
    • ii. Category 2 Mortgage residual basket- Non qualifying mortgages and 90 day past due loans
      • a. US Govt, GSEs and Depository institutions – Unchanged
      • b. Foreign Sovereigns, and Banks - ranges from 0% to 150% depending on CRC category ratings
      • c. Corporates 100%
      • d. Residential Mortgages Six categories of risk weighting ranging from 35% to 200%
      • e Off Balance Sheet items- Mortgage Credit Enhancements trigger on balance sheet treatment
      • f. Commercial Real estate Increase from 100% to 150%
  • 6. Denial of Small bank Holding company exemption to S&L HCs S&Ls forced to convert to Commercial Banks
  • 7. Conclusion- Fluctuating capital requirements will inject more volatility into system, deter lending and create a waterfall of regulatory restrictions for community banks.
    • a. Disparate impact on banks least able to manage capital through market raise
      • 1. Mutual banks
      • 2. Small Community banks
      • 3. Subchapter S banks
    • b .Market variables inject more volatility into capital requirements
      • 1 adjustments for AFS, 90 day past due, pension funding
      • 3. Springing enforcement actions


SEGMENT 2:
Mark Chorazak , Attorney,
Simpson Thacher & Bartlett LLP

  • • The FDIC’s new deposit insurance pricing system incorporates Dodd-Frank’s revision to the assessment base and reflects Congress’s intent that larger institutions, as well as those that are structurally and operationally complex, bear a greater share of the assessment.
  • • Capital requirements under Dodd-Frank and Basel III feature the concept of “countercylicality”: that more capital should be required during periods of economic expansion and less capital required during periods of economic contraction.
  • • The “source of strength” obligation is no longer a policy; it is a statutory requirement.




Locke Lord LLP
Douglas Faucette
Partner
speaker bio »»

Simpson Thacher & Bartlett LLP
Mark Chorazak
Attorney
speaker bio »»



Who Should Attend?

- CFOs
- COOs
- Bank Executives
- Finance Executives
- Business Consultants
- Finance Lawyers
- Senior Management
- Investment Bankers
- Litigators
- And Other Interested Professionals

Why Attend?

This is a must attend event to anyone interested in learning the significant issues surrounding deposit insurance reform and capital level requirements.

- Detailed guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Enroll in this course today by clicking the "Register" button below. Significant discounts apply to early registrants. Advanced registration is advised as space is limited.

Registration Information:                                                                                                                                    


(Click here for information on group registrations and discounts)

Disclaimer:
Please note, the event date is firm although it may be subject to change. Please click here for details.
The Knowledge Group, LLC is producing this event for information purposes only. We do not intend to provide or offer business advice. The contents of this event are based upon the opinions of our speakers. The Knowledge Congress does not warrant their accuracy and completeness. The statements made by them are based on their independent opinions and does not necessarily reflect that of The Knowledge Congress' views. In no event shall The Knowledge Congress be liable to any person or business entity for any special, direct, indirect, punitive, incidental or consequential damages as a result of any information gathered from this webcast.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Dodd-Frank: Capital Levels and Deposit Insurance Reform in 2012 (SEC. 331, 616)
LIVE Webcast
Event Sponsors / Speaker Firms:




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.




Simpson Thacher & Bartlett LLP is a leading global law firm headquartered in New York City. Established in 1884, Simpson Thacher currently has more than 850 lawyers and provides coordinated legal advice on the largest and most complex corporate transactions and litigation matters in industries that include financial services, insurance, power and natural resources, consumer products, services, technology, telecommunications, media, pharmaceuticals and healthcare industries. As one of the most authoritative sources for the interpretation and application of federal and state banking laws, Simpson Thacher advises a number of U.S. and foreign financial institutions, as well as private equity firms, on regulatory and corporate matters and also assists banking clients in regulatory investigations.




 

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