Financial Regulations' Impact on Community Banks and Credit Unions

Basel III is a requirement for many internationally active banks globally. Due to Basel's genesis, the requirements are significantly influenced by the needs of large internationally active banks. US Basel III rules announced on June 2012 will stand to have a big impact on small and community banks. Moreover, numerous rules in Dodd-Frank have already started to impact community banks and smalller banks. This interactive course explores the specific Dodd-Frank and Basel III components that apply to smaller and community banks. Relevant articles and cases will be used to illustrate the course's concepts.

05-Nov-2013 -- 06-Nov-2013New YorkUSD$2475
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Mayra Rodríguez Valladares (Twitter: @MRVAssociates ); ] Tue Wed Level: Basic

CPE CREDITS
7.0
No advance preparation required.
Students will be able to:
  • Describe the Dodd-Frank components that apply to smaller and community banks
  • Discuss how Dodd-Frank is impacting credit unions
  • Identity the core concepts involved in Basel III
  • Evaluate US Basel III requirements for small and community banks
  • Discuss how Basel III will effect credit unions
  • Discuss current trends in risk management amongst smaller banks
Global Association of Risk Professionals (GARP)
GARP is a not-for-profit global membership organization dedicated to preparing professionals and organizations to make better-informed risk decisions. Membership represents more than 150,000 professionals from banks, investment management firms, government agencies and academic institutions. GARP administers the Financial Risk Manager (FRM®) and Energy Risk Professional (ERP®) exams; certifications recognized by risk professionals worldwide. New York Institute of Finance is registered with GARP as an Approved Provider of continuing professional education credits for FRMs and ERPs. Visit www.garp.org/cpe
Module I Dodd-Frank and its impact on Small and Community Banks and Credit Unions
  • Discuss the specific components that are relevant to smaller banks-
  • Consumer Financial Protection Bureau
  • Mortgage reform
  • Interstate income
  • De Novo banking authority
  • New FDIC rules
  • Preemption of state laws

Case Study

    Module II Overview of Basel III

    • Identify framework of Basel III and its objectives-
    • Overview of the three pillars and their purpose
    • Application to credit, market and operations risks
    • Identify Basel III's scope of application
    • Evaluate Interconnectedness of Basel III's three pillars
    • Differentiate between Basel II and III
    • Explain what regulators hope will be the outcome of Basel III-
    • Discuss regulator's challenges in implementing Basel III
    • Enumerate and discuss rules that will particularly impact small and community banks
    • Evaluate Basel III's influence on credit union's balance sheets
    • Identify positive results that banks expect from Basel III-
    • Discuss challenges that banks have encountered already-
    • Challenge with models and data
    • Cost
    • Capacity gaps-
    • Bank Professionals, auditors, regulators
    • Uneven playing field between-
    • Different sized banks
    • US and Eurpoean banks

    Moduel III Current Themes for Small and Community Banks and Credit Unions

    • Discuss ways in which small and community banks are making changes to risk management
    • Evaluate current trends in how Dodd-Frank and Basel III are changing the strategies of community banks and credit unions

    Article for Discussion

Clients who register for this course will receive a complimentary 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.)

Lunch is included for all students taking day classes.