Barbara R. Mendelson, Partner, Morrison & Foerster to Speak at KC’s The Federal Reserve's Proposed Enhanced Prudential Standards for Foreign Banks Explored Live Webcast

New York, NY, March 29, 2013 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Barbara R. Mendelson, Partner, Morrison & Foerster will speak at the Knowledge Congress’ webcast entitled: “The Federal Reserve's Proposed Enhanced Prudential Standards for Foreign Banks Explored.” This event is scheduled for June 20, 2013 from 12:00pm – 2:00pm (ET).

For further details, please visit:
http://www.knowledgecongress.org/event_2013_Enhanced_Prudential.html

About Barbara Mendelson

Barbara Mendelson is a partner in the Financial Services Group in the New York office. Her practice involves advising foreign and U.S. banks in a variety of complex regulatory matters, including sales and acquisitions of U.S. banking and nonbanking firms, applications to federal and state bank regulators for expansion of activities and new products, Bank Secrecy Act and OFAC matters and over-the-counter and exchange-based trading of various instruments and derivatives. She has represented foreign banks in their U.S. operations for more than 25 years. Ms. Mendelson has also been instrumental in forming a number of commercial bank subsidiaries of foreign bank holding companies. In addition to her bank regulatory practice, Ms. Mendelson works with sovereign entities and multilateral organizations with respect to the investment of their foreign currency assets.

Ms. Mendelson is a contributing author of Regulation of Foreign Banks & Affiliates in the United States (West 2012) and a co-author of Considerations for Foreign Banks Financing in the US, published by International Financial Law Review (2012). Ms. Mendelson was awarded a "Lawyer of the Year" designation by Best Lawyers in America (2013) in the category of Financial Services Regulation Law (New York City). She has been recommended as a leading lawyer by International Financial Law Review for 2012, Chambers USA for 2012, Legal 500 US for 2012 and by Super Lawyers 2012, and has been recognized in Best Lawyers in America (2013) and International Who’s Who of Banking Lawyers 2011. Ms. Mendelson was shortlisted for Euromoney Legal Media Group Americas Women in Business Law Awards 2012 (Financial Regulation).

She serves on the Banking Law Committee of the New York City Bar Association and is also a member of the New York County Lawyers Association Banking Law Committee and the American Bar Association. Additionally, Ms. Mendelson is a member of the Committee of the Cyrus R. Vance Center for International Justice of the New York City Bar Association.

About Morrison & Foerster

We are Morrison & Foerster—a global firm of exceptional credentials. Our clients include some of the largest financial institutions, investment banks, Fortune 100, technology, and life sciences companies. We’ve been included on The American Lawyer’s A-List for nine straight years, and Fortune named us one of the “100 Best Companies to Work For.” Our lawyers are committed to achieving innovative and business-minded results for our clients, while preserving the differences that make us stronger. This is MoFo. Visit us at www.mofo.com.

Event Synopsis:

In December 2012, the Federal Reserve issued the proposed enhanced prudential standards for foreign banking organizations (FBOs) having total global consolidated assets of US$50 billion or more. The proposal, which will go into effect on July 1, 2015, is expected to bring unprecedented and significant changes to the regulation of FBOs with new requirements to address risk management, stress testing, early remediation, liquidity and debt-to-equity limits among others. With the proposed standards to implement a “rebalanced approach” in regulating non-US banks with U.S. operations, large FBOs will be mandated to establish an intermediate holding company (ICH) that will hold all US bank and nonbank subsidiaries and shall be subject to U.S. capital, liquidity and other enhanced prudential standards on a consolidated basis.

The Knowledge Group is producing “The Federal Reserve's Proposed Enhanced Prudential Standards Explored LIVE Webcast,” to help FBOs, multinational banks and other affected financial institutions learn the significant issues surrounding the proposal and its potential impact on their businesses. The assembled panel of thought leaders will help finance executives understand all the significant issues with respect to this important topic including:

- Requirement to Establish a Top-Tier U.S. IHC
- IHC Subject to U.S. BHC Capital Requirements
- Liquidity Requirements for U.S. Operations of a Large FBO
- Single Counterparty Credit Limits
- Risk Management and Risk Committee Requirements
- Stress Testing Requirements
- Debt-to-Equity Limitation
- Early Remediation Framework
- Application to Foreign Nonbank SIFIs
- Impact Assessment and Development of an Effective Implementation and Compliance Plan
- And so much more.

This live webcast is a must attend for all finance executives, senior management, corporate lawyers, banking and finance attorneys and other related professionals who need to be in the know with respect to the proposed enhanced prudential standard.

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

The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars 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. To contact or register to an event, please visit: www.knowledgecongress.org