About this Event
Join us virtually for the California Bankers Association's highly anticipated 2024 Bank Counsel Seminar, taking place on October 30th for a day of insightful discussions, networking opportunities, and professional development.
As the premier gathering for legal professionals in the banking industry, this seminar offers an unparalleled opportunity to delve into the latest legal developments, regulatory updates, and best practices shaping the banking industry.
Don't miss this chance to stay informed, connected, and empowered to tackle the legal challenges of tomorrow's banking landscape. Register now to secure your spot!
Event Details
Bank Member: $99
Law Firm Member: $99
Bank Non-Member: $149
Law Firm Non-Member: $149
Wednesday October 30, 2024
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Wednesday, October 30
8:30 AM – 9:30 AM
New California Legislation and Litigation Update: House of the Dragon 2.0
Jason Lane | SVP, Director of Government Relations | California Bankers Association
Vanessa Lugo | Senior Legislative Advocate | California Bankers Association
Rob McWhorter | Shareholder | Buchalter
- Through the wisdom of our seasoned CBA lobbyists and an experienced litigator, this panel will explore in depth recent legislative and case law developments potentially affecting the banking industry.
9:30 AM – 10:30 AM
"Junk Fees" & the CFPB
Tricia Engelhardt | Associate | Aldrich & Bonnefin, PLC
- According to a recent White House circular, junk fees are “unnecessary, unavoidable, or surprise charges that inflate prices while adding little to no value.” In the last few years, the CFPB and other regulators have used their UDAP/UDAAP authority to cite institutions for charging alleged junk fees. The CFPB has cited several examples of what it might consider junk fees, including fees for “late penalties, overdrafts, returns, using an out-of-network ATM, money transfers, inactivity, and more.” According to the CFPB, “these unavoidable or surprise charges are often hidden or disclosed only at a later stage in the consumer’s purchasing process or sometimes not at all.” This presentation will provide an overview of the following. - Recent CFPB publications and enforcement actions involving junk fees; - Recent FDIC, OCC and California Attorney General publications and enforcement actions which appear to indicate that regulators may view certain fees as UDAP/UDAAP per se; - Recently proposed federal and recently enacted California junk fee legislation, each of which has a false advertising component that could impact financial institutions’ marketing practices; and - Because recent regulatory focus on “junk fees” may be seen as a re-branding of the concept of UDAP/UDAAP, this presentation will provide an overview of the primary laws applicable to financial institutions that prohibit unfair, deceptive, or abusive acts or practices. Given UDAP/UDAAP’s inherent subjectivity, and the uncertainty surrounding the exact definition of a “junk fee,” the new world of junk fee regulation is ambiguous and concerning. This presentation will explain how regulators are defining junk fees through enforcement actions and provide an overview of UDAP/UDAAP-related considerations in an effort to aid institutions in identifying potential junk fee red flags.
10:30 AM – 11:30 AM
Preparing for Compliance with Dodd Frank 1033
Jane Barratt | Chief Advocacy Officer and Head of Global Public Policy | MX
Shawn Lindquist | Chief Legal Officer | MX
Ron Dodge | Chief Information Security Officer | MX
- Banks of all sizes are critical to a diverse, competitive banking ecosystem. As the financial services landscape evolves, Open Banking — and the impending final 1033 rulemaking — has emerged as a transformative force, offering both opportunities and challenges - especially for regional and community banks who do not have the resources of the top 10 banks. In this session, MX will share learnings from both working with the Top 10 banks on their open banking initiatives ahead of regulation, as well as delving into the key legal, technology and commercial challenges in the draft rule.
11:30 AM – 1:00 PM
Frandzel & McCallum Award Presentations & Lunch
- Join us for a special presentation where we will honor the recipients of the McCallum & Frandzel Awards. The McCallum Award recognizes distinguished and meritorious legal service to the California banking industry, while the Frandzel Award honors outside counsel for their superior and noteworthy legal assistance to the industry. This presentation provides an excellent opportunity to celebrate the achievements of your peers before we take a break for lunch. Don’t miss this chance to celebrate and be inspired by the accomplishments of leaders in the industry.
1:00 PM – 2:00 PM
Third-Party Risk Management: Latest Guidance, Insights & a Look Ahead
Anne McEvilly | Principal, President & CEO | Aldrich & Bonnefin, PLC
John Davis | Associate | Aldrich & Bonnefin, PLC
- We will summarize the latest guidance impacting bank third-party risk management, including the 2024 joint OCC, FRB and FDIC guidance geared toward community banks. Practical insights will be discussed such as the effect of these relationships on privacy and cybersecurity risks. Looking ahead, we will address the CFPB’s pending Personal Financial Data Rights Rule (a.k.a., “Open Banking”) and how this may impact fintech relationships.
2:00 PM – 3:00 PM
Artificial Intelligence Regulation in the United States - Where We Are, Where We’re Going, and How it Affects Your Business
Ben Spohn | Founder | Spohn Law, PC
Daniel Cunha | General Counsel | Quora
- Explore the current landscape and future direction of artificial intelligence (AI) regulation in the United States. This session will delve into existing regulatory frameworks, proposed legislation, and the potential impact on financial institutions. Our experts will discuss key compliance issues, risk management strategies, and best practices for integrating AI responsibly into your business operations. Stay informed on how evolving AI regulations could affect your organization and learn proactive steps to ensure compliance and innovation in a rapidly changing environment. This session is crucial for legal and compliance professionals navigating the complexities of AI in banking.
3:00 PM – 4:00 PM
Incentive Based Compensation Arrangements
Mark Aldrich | Chairman & Founder, Principal | Aldrich & Bonnefin, PLC
Dan Wetzel | Managing Director | Pearl Meyer
- This session will examine the regulatory landscape surrounding incentive-based compensation arrangements in the banking industry. Our panel of experts will discuss the latest guidelines, potential risks, and compliance requirements associated with these compensation structures. Learn how to design and implement incentive programs that align with regulatory expectations while driving performance and growth. Gain insights into effective risk management practices and understand the impact of recent regulatory developments on your compensation strategies. This session is essential for legal professionals focused on maintaining compliance and fostering a sustainable incentive culture within their organizations.
Speakers
Additional Event Details
- Cutting-Edge Insights: Gain invaluable insights from industry leaders and legal experts on the most pressing legal issues facing banks today.
- Interactive Discussions: Engage in dynamic discussions, panel sessions, and case studies designed to foster collaboration and exchange of ideas.
- Networking Opportunities: Connect with peers, colleagues, and thought leaders from across the banking and legal sectors to build relationships and share experiences.
- Professional Development: Enhance your skills and stay ahead of the curve with practical strategies and tactics to navigate legal challenges and mitigate risk.
- Virtual Experience: Experience the convenience and flexibility of attending from anywhere with our interactive virtual platform, designed to maximize engagement and learning.
The 2024 Bank Counsel Seminar will be offering 6 MCLE credits. Six sessions with 1 MCLE credit each.
The 2024 Bank Counsel Seminar will also be offering 7 CPE credits.
The California Bankers Association is registered with NASBA as a sponsor of continuing professional education on the National Registry of CPE Sponsors.
This seminar is tailored for bank counsel, general counsel, compliance officers, risk managers, and legal professionals working within the banking industry. Whether you're a seasoned veteran or new to the field, this event offers something for everyone.
If you are interested or would like more information, please contact:
Gina Titus
Assistant Vice President, Conferences
(916) 438-4417 or gtitus@calbankers.com
A few reasons your organization should sponsor and/or exhibit:
- Maximize your company’s brand awareness and increase your market position
- Gain direct access to CBA member banks and institutions in an exclusive environment
- Raise your profile above your competitors
- Learn about the issues confronting today’s financial service leaders and gain valuable insight into potential solutions
- Match your exposure needs, regardless of your budget
- Shape or reinforce a positive perception of your company with bank executives
- Support the California Bankers Association, the largest non-profit banking organization serving the California financial services industry
Questions for the team?
Please send an email to:
registrations@calbankers.com
Registration fees less a $25 processing fee per registrant will be refunded if cancellation is received by Wednesday, October 16, 2024. No refund if cancellations are received after Wednesday, October 16, 2024. Substitutions welcome.