Banking law focus of ABA meeting

Government officials from the U.S. Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and the Federal Reserve Board of Governors will be among top industry leaders and regulators gathering to discuss the latest in banking law during the American Bar Association’s Banking Law Committee Meeting 2020 being held Jan. 17-18 in Washington, D.C.

The Friday, Jan. 17, session will feature two keynote addresses. Heath P. Tarbert, chairman of the Commodity Futures Trading Commission, will deliver the opening address; Randal K. Quarles, vice chair for supervision for the Federal Reserve Board of Governors, will deliver the keynote luncheon address.

Other program highlights include:

• “Agency General Counsels’ Discussion” — General counsels Mark Van Der Weide of the Federal Reserve Board, Nick Podsiadly of the FDIC, Jonathan Gould of the OCC and Mary McLeod of CFPB will share thoughts on their current priorities and what’s ahead for 2020.

• “Bigtech, Fintech and the Future of Banking” — Bigtech and fintech firms would like to get more involved in providing traditional banking products and services, but they are running into legal and policy roadblocks. This panel will identify the opportunities that nontraditional players see, as well as the value that they think they can provide.

• “Trends in Regulatory Enforcement” — The heads of the banking agency enforcement programs will discuss recent enforcement actions and trends. The panelists will discuss actions both against banks/firms and institution-affiliated parties.

• “Volcker, Control, Tailoring and More: A Saturday Morning ‘Hot Topics’ Review” — Panelists will address the latest regulatory developments impacting financial institutions, with particular emphasis on changes to the Volcker Rule and longstanding control and brokered deposits rules, as well as efforts to tailor capital and liquidity requirements.