On Tuesday, May 22, 2012, Atlanta partners Jim McAlpin and Rob Klingler will be presenting at Porter Keadle Moore’s CFO Peer Group meeting.
Jim will present “Risk Management from a Legal Perspective.”
The regulators are raising the bar for enterprise risk management at community banks. Bank boards and senior management need to be thinking of how to satisfy these requirements within the context of the limited resources that community banks can deploy. One more area of focus is being added to an already crowded Board agenda.
Rob will present “The Impact of the Jobs Act on Community Banks.”
In a time of ever increasing regulation, Congress has passed the Jobs Act, a significant piece of deregulation of the federal securities laws. Public and private offerings are both impacted, and likely to be permanently changed. Capital is still hard to raise, but at least a few obstacles have been relaxed.
Please click here for more information or to register for the event.
Bryan Cave attorney Jerry Blanchard will be among the panelists examining enterprise risk management at the 2012 SNL Community Bankers Conference. Other participants in the panel include Thomas Dujenski, the FDIC Atlanta Regional Director, David Ruffin of Credit Risk Management, LLC, and Bob Doby, Jr. of Yadkin Valley Bank. The panel will be moderated by SNL’s Shawn Ryan.
The SNL Community Bankers Conference focuses on how banks can adjust to the changing environment, mitigate risks, take advantage of genuine opportunities, and ultimately prosper. It will be held May 3-4 at the Saddlebrook Resort in Tampa, Florida. For more information, go to http://www.snlcenter.com/cbc/2012/default.asp.
Bryan Cave is hosting the quarterly CPE and general membership meeting for the Atlanta Chapter of the Association of Certified Anti-Money Laundering Specialists on Thursday, March 15, 2012, from 2:00pm to 4:00pm. The event’s presentation is “Best Practices for BSA/AML Software Testing,” featuring Allan Cuttle, Director of Risk Management for ICS Risk Advisors.
All AML/CTF professionals in the region are welcome to attend.
March 15, 2012
2:00 PM – 4:00 PM
Fourteenth Floor
1201 W. Peachtree Street, NW
Atlanta, GA 30309
Parking is available at 14th Street and West Peachtree St.
$4 cash and cards accepted
Free for Chapter Members; $20 for Non-Chapter Members
RSVP Here
This event will include tips on pre and post software implementation issues, pitfalls, best practices, regulatory environment and expectations, along with testimonials on the value of this process to effective risk management.
On January 29, 2011, Bryan Cave partners Jim McAlpin and Walt Moeling presented at the 2012 Bank Director Acquire or Be Acquired conference in Phoenix, Arizona. Their presentation was titled, “The Path to Recovery – Building Value in a Changing Environment.”
The presentation includes an overview of the results of the 2012 Bryan Cave Survey of investment bankers and bank consultants to assist in providing strategic advice to clients. A sampling of results include:
- “In my opinion, the calendar just needs to turn another 3 to 6 more months and more signs of credit stabilization just need to naturally occur. We think folks will be pleasantly surprised to see the natural “mating process” happen on its own in 2012. [This will] start really slow but moderately gain momentum as 2013 unfolds, and by 2014 it will be a great deal different.” – Chris Marinac, FIG Partners
- “Failed bank opportunities need to disappear (still two more years of this in the Southeast); more healthy buyers need to appear; private equity will become much more involved; buyers prices need to improve; Banks with TARP will likely have to sell as capital markets will not open up in time.” – Bill Wagner, Raymond James
- “Dominate its ‘micro’ market as it relates to deposits and their lending competency and try to achieve critical mass (~$750m).” – Jeff Brand, KBW
- “Sometimes the blocking and tackling basics are a competitive advantage – provide the services desired on par with the big banks with care and concern.” – Phil Moore, Porter Keadle Moore
A copy of their PowerPoint presentation is now available online.
Bryan Cave is pleased to once again serve as a sponsor of 16th Annual Southeastern Bank Management & Directors Conference, hosted by UGA’s Terry College of Business on February 9, 2012. The conference’s theme for this year is “Banks & Emerging Retail Payments Systems: Opportunity or Threat?” and this year’s keynote speaker will be E. Robinson McCraw, CEO and Chairman of Renasant Bank.
Topics will include Regulations in Payment Systems, Monetizing Payments and Non-Lending Activities, the Retail Landscape, Getting Management and Your Board to think about Payments, and Evolving Accounting Standards and Compensation Policies. Download the conference agenda or information sheet.
The long-term impact of payment systems on community banks remains unpredictable, but one fact is indisputable – change is coming and banks need to be nimble, embrace technology and understand their customers’ preferences if they want to thrive in the new environment. This conference addresses an approach to extending the vitality of your bank.
On Friday, February 24, 2012, Bryan Cave will host the 2012 In-House Counsel CLE Institute, a complimentary CLE seminar, in its Atlanta office. Recognizing the many diverse topics corporate counsel confront on a daily basis, Bryan Cave attorneys will provide guidance on the following issues:
- Dodd Frank Update
- Web 2.5
- Corporate Compliance Issues
- Data Breach and Security
- Environmental, Health and Safety Enforcement Developments
- Doing Business in Asia
- Antitrust Triage
- Corporate Tax Hot Topics
- Anti-Doping in Sports
- Health Reform’s Impact on Employee Benefits
We anticipate the seminar will be approved for 6.5 hours of CLE credit, including 1.0 hour of Ethics credit and 1.0 hour of Professionalism credit. Breakfast and lunch will be provided, and a reception will conclude the seminar. Breakfast/registration is scheduled to begin at 8:00am on Friday, with the seminar running from 8:30am until 4:30pm.
Please contact Evan Kendall (evan.kendall@bryancave.com or 404.572.4523) if you have any questions, comments or suggestions. You may register online or visit the In-House Counsel CLE Institute website for more information.
Looking back at 2011, on Wednesday, January 25, 2012, from 2:00 to 3:30 pm EST, the Bryan Cave Payments Team has prepared a “Prepaid Card in Review” webinar for Bryan Cave clients and friends. In addition to an overview of major legal and regulatory events impacting both open and closed loop cards, the Team will offer their views on likely future developments.
We will provide an overview of major legal and regulatory events impacting both open and closed loop cards and other emerging payments, including:
- The “Durbin Amendment” and the subsequent FAQs from the Fed
- Prepaid Access AML regulations
- The CFPB – Current activity and the recess appointment of Richard Cordray
- Abandoned Property – the implications of the New Jersey abandoned property legislation and the recent Third Circuit Opinion
- Consumer Protection Laws – Life after the CARD Act.
- Remote Deposit Capture – Check Cashing or Deposit Taking? Current Views.
- Preemption post Dodd-Frank – recent decisions. Is preemption “dead”?
- Money Transmitter Licensing – Why so many new payment companies are getting licensed: The pros, the cons, and the risks.
- Privacy and Data Security – Are Prepaid & Emerging Payments riskier or safer than traditional payment products?
- Mergers & Acquisitions in the Payments Area – Risks and rewards from acquisitions of licensed money transmitters.
Bryan Cave is hosting the quarterly CPE and general membership meeting for the Atlanta Chapter of the Association of Certified Anti-Money Laundering Specialists on Thursday, November 3, 2011, from 10:00am to 12:00pm. We are also very pleased to announce that our own Judie Rinearson will be the guest speaker.
All AML/CTF professionals in the region are welcome to attend.
November 3, 2011
10:00 AM – 12:00 PM
Fourteenth Floor
1201 W. Peachtree Street, NW
Atlanta, GA 30309
Free for Chapter Members; $5 for Non-Chapter Members
RSVP Here
Judith Rinearson leads the payments practice team for Bryan Cave LLP, where she is a partner in the firm’s New York City office. She also is chair of the Network Branded Prepaid Card Association’s Government Relations Working Group, the association’s representative to FinCEN’s Bank Secrecy Act Advisory Group and a Paybefore contributing editor.
On Wednesday, October 12, 2011, Bryan Cave’s Atlanta office will host a Business Over Breakfast event focused on the Atlanta Public Schools cheating investigation. The results of a state investigation into an alleged culture of test score manipulation by teachers in the district were released in July of 2011 and have attracted national attention. Prior to the July release of the state’s findings, the Southern Association of Colleges and Schools (SACS) placed the system’s high schools on accreditary probation based on alleged governance and leadership deficiencies.
As one of the state’s largest school systems works to preserve its accreditation, join Bryan Cave for a panel discussion on the future of the district and the impact of the cheating investigation on students, education, and business. WABE 90.1 FM’s Rose Scott will moderate, and panelists will include Jay Bookman of the Atlanta Journal-Constitution, Dr. Thomas Smith of Emory’s Goizueta Business School, and Representative Kathy Ashe of the Georgia House of Representatives. Breakfast and registration begins at 7:30 am, with the panel scheduled to speak from 8:15 through 9:15am.
More information is available online, and you can register online as well.
Final interchange regulations under the Durbin Amendment of the Dodd-Frank Act will go into effect October 1, changing the rules for interchange transaction fees. Judith Rinearson, Linda Odom and Courtney Stolz of the Bryan Cave Payments team presented a webinar on August 2, 2011 explaining what the new interchange and routing rules mean for the prepaid industry and how to comply. A copy of the slides is available online.