The Knowledge Group
The Knowledge Group

Oliver I. Ireland, Partner, Morrison & Foerster LLP to Speak at KC’s Event on Final FACTA Affiliate Marketing Rules Issued on 09/09/08

New York, NY, July 23, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that Oliver I. Ireland, Partner of Morrison & Foerster LLP will speak at the Knowledge Congress’ upcoming teleconference entitled: “Final FACTA Affiliate Marketing Rules Issued”. This event is scheduled for September 9, 2008, Tuesday, from 1:00 PM - 3:00 PM EDT. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2008_FACTA.html)

Certain federal banking agencies issued final rules on the implementation of FACTA to take effect January 1, 2008. Financial institutions such as banks will now be obliged to give their clients notice of and an option to opt out any solicitation from an affiliate institution. Consequently, consumers will be protected against entities that use eligibility information to make solicitations for marketing purposes. Financial institutions & any company that extends credit to consumers and small businesses should take note of these new regulations to market their service while avoiding possible regulatory enforcement.

The Knowledge Congress has assembled a panel of experts in the field of banking and finance and key regulators from the government to speak in a two-hour teleconference and webinar that will discuss the key features of this new regulation as well as its impact on the financial world.

About Oliver I. Ireland

Oliver Ireland is a Partner in the Financial Services Practice Group in Morrison & Foerster’s Washington, D.C. office.

Mr. Ireland’s practice focuses primarily on retail financial services including electronic commerce, compliance with Federal Reserve regulations, including Regulations Z and E, compliance with the Gramm-Leach-Bliley Act privacy provisions, the Fair Credit Reporting Act, E-SIGN, the U.S. PATRIOT Act and telemarketing rules. His practice also includes all types of payment transactions, including compliance with NACHA rules, bank regulatory issues and other aspects of financial markets such as margin lending.

Prior to joining the firm, Mr. Ireland served as Associate General Counsel of the Board of Governors of the Federal Reserve System, Vice President and Associate General Counsel of the Federal Reserve Bank of Chicago, and Attorney, for the Federal Reserve Bank of Boston. In his capacity as Associate General Counsel of the Board of Governors of the Federal Reserve System, Mr. Ireland was responsible for drafting or interpreting numerous Federal Reserve Board regulations including the Gramm-Leach-Bliley privacy rules, rules implementing the Expedited Funds Availability Act, rules on margin requirements, money laundering, capital requirements, reserves and interest on deposits. Mr. Ireland was also a frequent speaker both domestically and internationally and has given Congressional testimony to present the Board’s position and policies. Mr. Ireland has also authored articles on financial services issues ranging from electronic commerce to tools for conducting monetary policy. He has been named one of Washington’s top banking and privacy lawyers by the Washingtonian magazine (2004) and he is listed in The Best Lawyers in America (2006-2008) as a leader in the field of banking law. He was named a Leading Lawyer in Financial Services Law in the Chambers USA Guide to America's Leading Business Lawyers put out by Chamber & Partners Publishing (2006 and 2007).

Mr. Ireland received his B.A. from Yale University in 1970 and his J.D. from the University of Texas School of Law in 1974. He is admitted to practice in the states of Massachusetts, Illinois, and the District of Columbia.

About Morrison & Foerster LLP

With more than 1,000 lawyers in key finance and technology centers internationally, Morrison & Foerster offers clients comprehensive, global legal services in business and litigation. The firm currently has more than 170 lawyers based in Asia, with offices in Tokyo, Beijing, Shanghai, Hong Kong, and Singapore, making it one of the largest U.S. firms in the region.

For more information about Oliver I. Ireland and Morrison & Foerster LLP, please visit: http://www.mofo.com.

About The Knowledge Congress

The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.

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