Journal of Business and Intellectual Property Law presents ‘Banking Law: Current and Future Issues’ symposium on Friday, Feb. 10
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Office of Communications and Public Relations
January 11, 2017
Journal of Business and Intellectual Property Law (JBIPL) will focus on a variety of banking issues at its spring symposium, “Banking Law: Current and Future Issues,” from 8:30 a.m. to 4:30 p.m. on Friday, Feb. 10, 2017, in the Worrell Professional Center, Room 1312. WFDD reported on the symposium here.
Panel topics include FinTech, Consumer Protection, Regulatory Impact on Community Banks, Cyber Security and Regulatory Impact on the Life of an In-House Counsel, according to organizers. This event is free and open to the public. The North Carolina Bar Association has approved 6.25 hours of Continuing Legal Education (CLE) credit and lunch will be provided. However, attendees are encourage to register here to help accommodate all guests for parking. Attendees may park in the W1 and W2 lots found here on this parking map.
The symposium will bring together leading scholars and professionals to discuss current and future issues amid the financial industry. Technology’s impact on banking operations and regulatory compliance, regulatory challenges for community banks and issues relating to data security and cyber security measures are just a few topics among the many lines of inquiry the Wake Forest Journal of Business and Intellectual Property Law will explore.
Banking Law: Current and Future Issues
8:45 a.m. – 9 a.m.: Opening Remarks/Welcome
9 a.m. – 10:15 a.m.: Cyber Security — Potential threats and what constitutes a cyber breach
- Thomas Bentz – Partner, Holland & Knight LLP
- Chris Swecker (JD ’81) – Attorney at Law
- Elizabeth Johnson – Attorney, Wyrick Robbins Yates & Ponton LLP
10:25 a.m. – 11:40 a.m.: FinTech — Using technology for data processing and regulatory compliance
- Lawrence Baxter – Professor, Duke Law School (Moderator)
- John Douglas – Partner, Davis, Polk, & Wardwell LLP
- Doug Speight – CEO & President, Cathedral Leasing
- Erin Fonte – Member, Dykema Cox Smith
- Lee Reiners – Director of Global Financial Markets, Duke University
11:50 a.m. – 1:05 p.m.: Life of an In-House Counsel
- Todd Stillerman (BA ’94) – Assistant General Counsel & Director, Bank of America
- Derrick Tharpe – Vice President and Senior Counsel, Wells Fargo Law Department
- Knut Nodeland – Assistant General Counsel and Senior Vice President, Bank of America
1:15 p.m. – 2:30 p.m.: Community Banking — Can this model survive?
- Arthur Wilmarth – Professor, George Washington University Law School
- Todd Eveson – Attorney, Wyrick Robbins Yates & Ponton LLP
- Katie Bosken (JD ’06) – Deputy Commissioner of Banks for Legal Affairs in the North Carolina Office of the Commissioner of Banks (Moderator)
2:40 p.m. – 3:55 p.m.: Consumer Protection — The future under the Trump Administration
- Don Lampe – Partner, Morrison & Foerster LLP
- Carlene McNulty – Litigation Director of North Carolina Justice Center
3:55 p.m. – 4 p.m.: Closing Remarks
The panel will focus on what constitutes cyber security, a cyber incident and breach. The panel will then discuss the legal issues that arise once a breach has been detected, like the notification requirements. Further, the panel will examine insurance — why it is needed and its pitfalls. Finally, the panelists will address law enforcement’s role when a breach is detected.
The panel will focus on FinTech companies in the banking industry and how technology has become a key part of the industry. The panel will then address compliance issues, specifically using technology in regulatory compliance and risk management and public policy issues regarding the use of technology. The panel will discuss the legal implications with FinTech companies; these companies’ legal requirements and how the relationship between banks and FinTech companies are governed. The panel then examines future legal issues that may arise, like contract regulation. Finally, the panel will discuss rules for FinTech startups and how the rules may develop.
Life of an In-House Counsel
This panel will discuss their experience as in-house counsel, focusing on the issues that arise when working as in-house counsel. Also, the panel will discuss the impact of regulations on the life of an in-house bank lawyer.
Regulatory Impact on Community Banks
This panel will discuss the community banking model and whether it is still viable with the compliance requirements and what is needed to ensure its survival. The panel will also examine community banking and the FDIC; specifically why the FDIC board needs members who are pro-community banking and, if that were to occur, its impacts. The panel will then address succession planning in community banks and consolidation of community banks.
This panel will discuss the Consumer Financial Protection Bureau; specifically where the CFPB has succeeded, the challenges it has faced and may face in the future, and general information about the rulemaking function of the CFPB. The panel will also discuss litigation regarding consumer protection and predatory lending. Additionally, the panel will address state efforts before the financial crisis, the importance of state involvement in consumer protection, and preemption issues.
Category: Student Life | Tag: Alumni, Banking Law, CLE, community banking, Consumer Protection, Continuing Legal Education, Cyber Security, FinTech, JBIPL, JBIPLSymposium, Journal of Business and Intellectual Property Law