In an effort to ensure that no banking organisation is too big to fail, US and European regulators are requiring systemically important banking institutions to file plans that explain how they would recover from an economically distressed situation and how they could be resolved or liquidated safely in the event of failure.
In developing these plans, globally important banks will have to deal with regulators in different countries and with different resolution tools.
Our panel will review the final resolution plan regulation in the US and the emerging requirements in the UK and Europe.
Topics will include:
- The objectives of recovery and resolution plans
- Resolution powers of the regulators
- The capacity of recovery and resolution planning to avert the next financial crisis
- Content of a plan
- The process for developing a plan
- Criteria for an acceptable plan
- Dealing with different national regulators
Viral Acharya, New York University Stern School of Business
Peter Green, Morrison & Foerster, London
Jeremy Jennings-Mares, Morrison & Foerster, London
Dwight Smith, Morrison & Foerster, Washington, DC
Lukas Becker, International Financial Law Review
On Monday, 5 December, Euroclear Bank Settlement went live on the Taskize platform. Taskize is a new service that will help the financial services industry make work flow by enabling clients, colleagues and counterparties to address manual interventions efficiently, intelligently and securely.
In this 30-minute webinar, Luigi Bearzatto, Euroclear, joins Taskize Limited's John O'Hara and Philip Slavin to provide more detail on Taskize, its features, and the Euroclear-related offer that can be made available to you.
Continuing our series of webinars showcasing presentations from the PMB 60th Anniversary Symposium, Brian Pogue discusses the evolution of diagnostic imaging over the last 60 years. He will present examples of successful medical imaging technologies, explain how the use of contrast agents can improve delineation and function assessment, and present some fundamentally new physical imaging systems.Read more >
2017 is set to be a year in which economic growth in developed economies will be just over 2%, although it remains to be seen if Trumponomics can deliver 4% growth for the US. We still prefer the US dollar and see oil prices unlikely to move above US$60-65 per barrel. Sector rotation will, we think, be an important theme of 2017 and it is right to stay with active rather than passive management. Uncertainty surrounding the Brexit process will remain, with sterling taking most of the strain, and with more political surprises potentially instore it would be prudent to expect the unexpected.Read more >
2015 New Year’s resolutions for IT - #3 of 3. Driven by quantum leaps in computing and global communications, the pace of innovation in the modern business environment has increased by orders of magnitude in the past few decades thanks to game-changing innovations such as cloud computing, robust open-source solutions, big data and DevOps. The pace of innovation has shrunk from years to quarters, and often from days to hours.
In this fast-paced environment, developing new products and features and while insuring the highest levels of quality will make or break your business. New methodologies such as Agile and Continuous Integration, Continuous Delivery (CICD) allow companies to maintain their competitive advantage while providing an integrated experience for customers.
Resolve to modernize your people, process & technology and register now.
2015 New Year’s resolutions for IT - #1 of 3. – Are you spending 80% of your time “keeping the lights on”, consumed with the mundane non-differentiating task of managing infrastructure (the plan-build-operate cycle)? For most businesses, managing and optimizing technology infrastructure simply does not offer any significant business value or competitive advantage.
There is a rising trend of progressive and forward-thinking IT departments outsourcing their infrastructure and other non-differentiating technology services to service providers, and re-focusing their talent on activities such as service/vendor management, business process optimization, big data, analytics and mobile productivity.
Resolve to get out of the data center business and register now.
2015 New Year’s resolutions for IT - #2 of 3. You know your business better than any newly minted web start-up. Take advantage of this opportunity and apply your own “start-up mentality” to reinvent your IT organization.
Modern IT teams are transforming their knowledge and use of technology to become true partners to the business and permanently address the issue of “shadow IT”. Through a combination of brokered services from external providers, and internal services delivered in a timely manner, they are acting more akin to “service innovators” as opposed to “system operators”. This means that Central IT can finally, through this transformation, ensure the levels of governance, security and accountability are met, deliver faster time to market, offer higher service levels, and enable clarity in costs by leveraging charge-back/show-back to business units.
Resolve to become a service provider to the business and register now.
Marco Colantonio, a Global Portfolio Manager with Resolution Capital will present on the key investment trends impacting the GREIT sector over the June 2013 quarter.Read more >
Andrew Parsons will provide an update on the global REIT market, including key investment trends and the outlook for 2015.Read more >
Managing IP, in association with McAndrews, Held & Malloy, invites you to join a free web seminar focusing on strategies for early resolution of IP disputes.
As litigation becomes increasingly expensive and prolonged, early resolution strategies are more and more attractive to IP managers. IP has never been more valuable to an organization, but without the correct enforcement and resolution strategies, IP disputes can become a heavy burden on your budget. Thus, having a range of successful early resolution strategies at your disposal will enable you to save money and find mutually beneficial solutions for IP owners and accused infringers.
•James Nurton, managing editor, Managing IP (moderator)
•Edward A. Mas II , partner, McAndrews, Held & Malloy
•Leland G. Hansen, partner, McAndrews, Held & Malloy
• Vaishali Udupa, IP litigation manager, Hewlett-Packard
The webinar will focus on successful early resolution strategies, covering:
•The importance of preparation
•How to select an appropriate forum
•Assessment of litigation costs and potential exposure
•Identifying potential counterclaims
•How to conduct early discovery and avoid delays
•Ways to file an early motion for summary judgment
•The utility of settlements
•Properly-timed PTO and ADR Proceedings
•How a redesign might solve your problems
With litigation becoming increasingly expensive and prolonged, having a well-functioning early resolution strategy is essential for sustaining a strong presence in the market place. This webinar will provide an invaluable guide for IP managers who are facing the problem of having to deliver ever greater levels of IP protection or defense, all while managing resources under considerable time constraints. The live audience will be able to ask questions of the speakers during the webinar, which will be in English and will last one hour.
Andrew Parsons, MD and Global Portfolio Manager of Resolution Capital will provide a market update and present on key trends in the GREIT sector for the December 2012 quarter.Read more >
According to the 2016 Top Threats report from CSA, the ramifications of poor cloud computing decisions is no longer an IT issue but rather a boardroom issue. Executives at the highest levels are under scrutiny about security posture, and their response to a breach, from stakeholders, regulators and consumers.
The growth of cloud and mobile technologies in the workplace has forced IT and security professionals to re-think their security strategy. A traditional network perimeter built on firewalls, VPNs, IDS, and DLP does not address the new threat landscape of phishing, social engineering, and data breaches.
Join CSA CEO, Jim Reavis and Okta CISO, David Baker, for a discussion on the top threats organizations face, how the landscape is changing and best practices for improving the security of your organization.
You’ll take away:
-Highlights from the CSA 2016 Top Threats report
-How to build a new security perimeter based on user identity, capable of detecting and stopping attacks in real time
-How to improve visibility into user behavior and implement controls without sacrificing productivity