Banking Financial and Compliance Update Series -Third Quarter 2010

Featuring Anne Oestriecher, CPA, E. Marlee Mitchell, JD, Wynne E. Baker, CPA, CFSA, CBA, CFF, Monica Sonnier, CPA, CFA, Joseph Zanco, CPA, CIA

This quarter’s webcast focuses on regulatory and compliance issues that financial institutions now face, due to increased oversight be regulatory bodies. Major Course Highlights: Regulatory UpdateThe regulatory environment has changed considerably, and become more complex over the last year.  With relief nowhere in sight, it’s important to understand your examiner’s focus.  We’ll share our insight on the latest regulatory hot topics of the Fed, FDIC, OCC, OTS and NCUA. Developments in Liquidity Management and Accounting for Financial Instruments (FASB Fair Value project)Regulators recently issued new guidelines for liquidity management and with so many financial institutions flush with liquidity right now, it’s definitely a hot topic.   We’ll examine methods that ALM and portfolio managers are using to gauge their liquidity and measuring the steep cost of excess liquidity in this low rate environment.  We’ll also look at how the FASB’s proposed sweeping changes in accounting for financial instruments could change how we manage portfolios going forward. Legislative UpdateWith the passage by Congress of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the United States financial institution regulatory house is now open for remodeling.  New tools will be used to break down some walls and build up others. More