Christopher L. Allen, Attorney, Arnold & Porter LLP to Speak at KC’s Final Stress Testing Guidance for Large Banks with Implications on Smaller Institutions Explored

New York, NY, October 12, 2012 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced that Christopher L. Allen, Attorney, Arnold & Porter LLP will speak at the Knowledge Congress’ webcast entitled: “Final Stress Testing Guidance for Large Banks with Implications on Smaller Institutions Explored,” scheduled on December 17, 2012 from 12:00 PM to 2:00 PM ET.

For more information, visit:
http://www.knowledgecongress.org/event_2012_Final_Stress_Testing.html

Event Synopsis:

The Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation issued final guidance regarding stress testing. The guidance provides approaches and applications to be used for a satisfactory testing. This is to ensure that large banks have effective policy framework that could help them build appropriate risk management policies. While the regs are aimed primarily at the larger banks, all financial institutions should understand what’s happening as it’s only a matter of time before significant elements of these policies trickle down to the smaller institutions.

To explore and explain the new stress testing guidance, the Knowledge Group is putting together a panel of experts to help CFO’s, Finance Executives, Advisers, and Attorneys understand its implications. The speakers will share their expert opinions in a two-hour LIVE Webcast.

About Christopher L. Allen

Chris Allen is a senior associate in the firm’s Financial Services group, where he represents clients in a broad range of compliance, enforcement, and investigative matters before federal and state government agencies, including the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Financial Crimes Enforcement Network. He frequently advises clients with respect to regulatory expectations and compliance best-practices, and he regularly assists clients with resolving agency enforcement actions and similar compliance issues. His recent work has involved advising financial institutions on the implications of the Dodd-Frank Act on their operations.

About Arnold & Porter LLP

Arnold & Porter’s financial services group is widely recognized to be among the nation’s premier financial services practices. Our team of over 35 lawyers, led by senior lawyers with significant experience in government regulatory agencies, affords clients comprehensive regulatory, litigation, and transactional advice on complex and challenging matters, and our broad experience in dealing with financial regulatory agencies allows us to provide highly informed and sophisticated counseling and representation.

The practice group is recognized for developing innovative structures and novel solutions to regulatory issues, which allow clients to optimize their business strategy. Clients include a broad cross-section of bank holding companies, savings institutions, foreign banks, insurance companies, securities firms, investment managers, electronic commerce businesses, and foreign governments. The team is supported by the full interdisciplinary resources of Arnold & Porter, including the Corporate and Securities; Litigation; Public Policy and Legislative; Antitrust/Competition; Tax, Trusts, and Estates; ERISA; Environmental; and Intellectual Property practice groups.

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.

The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website: www.knowledgecongress.org.