Basel Endgame and Long Term Debt Proposals
New York State Bar Association (NYSBA)
Keynote Address: FDIC Director McKernan
Please join Mayer Brown and the New York State Bar Association for two panels discussing Basel Endgame and Long-Term Debt Proposals. Director of the FDIC Board of Directors, Jonathan McKernan will give a keynote address.
Impact of Basel Endgame and Long-Term Debt Proposals on the US Banking System
The US federal banking regulators recently proposed extensive revisions to the regulatory capital requirements. The sweeping late July and August proposals – targeted at banks with $100 billion (or more) in assets – are of critical importance, as the amount of capital a bank must maintain with respect to any particular loan, investment, or activity is often the most significant factor in determining whether the relationship is profitable – or even feasible. Please join this panel to understand how these proposals may impact larger banks and their customers, as well as the overall banking sector.
Wednesday, October 4, 2023
9:00 a.m. – 10:00 a.m. EDT
Access the panel presentation.
Keynote Address, followed by a Q&A session
Director of the FDIC Board of Directors, Jonathan McKernan
Wednesday, October 4, 2023
10:00 a.m. – 10:45 a.m. EDT
How Banks May Respond to the Basel Endgame and Long-Term Debt Proposals
The Basel Endgame and long-term debt rulemakings will not be the end of the discussion on regulatory capital requirements. Larger banks, their counterparties, and their competitors, all are expected to respond by making changes to their product offerings, operations, and capital structure. Some of these changes are obvious or easy, but others will require sustained commitment and attention to detail. Importantly, many participants will begin planning or implementing changes during the rulemakings because of the long-term nature of balance sheet activities. Therefore, please join this panel to understand some of the ways that the industry may respond.
Wednesday, October 4, 2023
11:00 a.m. – 12:00 p.m. EDT