Banking and Financial Services CLE Institute

AGENDA

• 7:30 a.m.—8:00 a.m. Registration/Breakfast/Networking
   
• Session I, 8:00 a.m.—9:00 a.m. - The Fair Credit Reporting Act: An Overview of Recent Trends and Legal Developments
  
  This presentation will focus on issues and trends arising under the Fair Credit Reporting Act.  The panel will first provide an overview of the FCRA, including permissible purposes for obtaining credit reports and liability risks for furnishing inaccurate information to consumer reporting agencies.  Panelists will also discuss the reasonableness and best practices for a credit reporting investigation, including for identity theft situations.  The discussion will also address current contested issues, including reporting in bankruptcy and recent enforcement activity.
   
• Session II, 9:10 a.m.—10:10 a.m. - Anti-Money Laundering Enforcement and Reform: What You Need to Know
  
  BSA/AML compliance is critical for affected financial institutions.  The stakes can be high – as well as the regulatory burdens.  Congress currently is considering changes to the current regulatory and enforcement regime across a wide range of issues, from beneficial ownership to new whistleblower provisions to banking and cannabis.  The panel will discuss these reforms, what they do and don’t do, and how they could affect financial institutions and their stakeholders.
   
• Session III, 10:20 a.m.—11:20 a.m. - Recent Trends in Multi-Tranche Intercreditor Relationships: Practical Differences Reflected in Subordination, Lien Priority and Unitranche Structures
  
  Subordination and intercreditor arrangements have historically referred to either lien subordination, debt subordination or both, in which the intercreditor relationship often took the form of a senior secured lender and junior unsecured creditor.  Over the past number of years, the traditional multi-tiered capital structure involving a senior secured lender and a subordinated unsecured term loan has morphed in many instances into one of the following structures: (1) senior secured/subordinated unsecured (or subordinated lien priority), (2) first lien/second lien, (3) split lien collateral, and (4) unitranche. This presentation will highlight some of the practical differences among the structures as well as the utility and the pros and cons involved in each structure.
   
• Session IV, 11:30 a.m.—12:30 p.m. - Geopolitics and Cyber: Opportunity or Threat?
  
  In this fireside chat-type session moderated by Associate General Counsel and Senior Vice President, Larry Chattoo, Global Cyber Public Policy Executive, Siobhan MacDermott, will look at the linkages between geopolitical shifts and chasms, and the opportunities those present for Nation State actors to launch cyberattacks.  Additionally, they will look at best practices around how boards should be thinking about the geopolitical threat, as well as the cyber threat.  They will cover some of the initiatives in the financial sector regarding systemic risk, as well as some of the collaborative work across sectors that they are working on.

Register below!

Cancellation Policy: 48 hours notice required to ChrisStewart@ACCglobal.com.  The chapter reserves the right to invoice no-shows who do not cancel within the allotted time frame.