Ethics and Culture Panel

Pre-Conference Event

Ethics and Culture Panel

Bank ethics and culture have become a point of increasing regulatory focus. Panelists will offer views on behaviors and practices that contribute to strong institutional compliance and risk cultures.

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Chairman’s Achievement Award Dinner

Special Event

Chairman’s Achievement Award Dinner

TCH's Annual Chairman's Achievement Award recognizes the lifetime leadership of an individual associated with the commercial banking industry.

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Payment Systems Risk Symposium

Pre-Conference Event

Payments System Risk Symposium

Co-sponsored with The Federal Reserve Bank of New York, this symposium will convene public-sector, private-sector and academic payments experts to discuss how to counter critical payments system risks.

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Program

Time Description

1:30pm-5:30pm

Pre-Conference Event: Payments System Risk Symposium

Partnered with Federal Reserve Bank of New York

The Clearing House and the Federal Reserve Bank of New York will be co-sponsoring a pre-conference symposium on Payments System Risk. The Symposium will bring together thought leaders from regulatory, financial institution, legal, academic and financial market infrastructure sectors to discuss issues of common concern.

3:00pm-5:00pm

Pre-Conference Event: Ethics/Culture Panel

Following the crisis, regulators and the media have raised concerns about the institutional culture of banks. This panel will explore the basis for these concerns and ask how the board of directors and senior management can establish, monitor and assess the prevailing risk culture and proactively address any areas of concern. The discussion will address key issues such as establishing clear accountability for those managing risks, monitoring the ethical profile of key employees, appropriately rewarding employees who demonstrate ethical behavior and punishing employees that do not. Furthermore, the panel will discuss ongoing ethical training.

5:30pm–6:35pm

Pre-Conference Kickoff Reception

6:30pm-8:30pm

Pre-Conference Kickoff Dinner

Time Description

7:45-8:45am

Conference Kickoff Breakfast

8:45am-10:30am

Macroprudential Regulation and the Macro Economy

Partnered with Hutchins Center on Fiscal and Monetary Policy, The Brookings Institution

This panel will explore the effects of Dodd-Frank and international regulation on the macroeconomy. Panel participants will explore various analyses relating to cumulative impact and cost benefit analyses and how macroprudential regulation is affecting economic growth and the economy as a whole.

10:30am-10:45am

Break

10:45am-12:00pm

Sustaining Future Shocks: Financial System Stability and Institutional Resiliency

Six years after the financial crisis and four years after Dodd-Frank, the financial landscape is much-altered from the pre-crisis era. Commercial banks today hold significantly more capital and liquidity than prior to the crisis. They are rigorously stress tested and subject to heightened regulatory supervision, yet robust debate remains over whether the financial system is sufficiently resilient and how policymakers should measure that resiliency. This panel will explore current definitions and measures of resiliency based on our understanding of the financial crisis as well as the ability of individual institutions and the banking system more broadly to withstand future financial shocks.

12:00pm-2:00pm

Lunch

2:00pm-3:15pm

The Chairman’s Panel

Six years removed from the actual events, the regulatory response to the financial crisis continues to evolve and reshape the industry landscape, with major implications for the economy as a whole. CEOs from TCH Owner Banks will discuss this evolution, how new regulations and regulatory uncertainty have prompted a divergence from the traditional banking model, and how this divergence is affecting their businesses.

3:15-3:30pm

Break

3:30pm-4:45pm

CRO Panel

Following the financial crisis, increased regulatory mandates have resulted in financial institutions making many changes to their risk management practices including with respect to operational risk measurement and management, model risk management as well as structural and functional changes in order to implement heightened supervisory expectations for their risk governance structures. Panelists will discuss these and other key developments in the risk management space, as well as provide an outlook on potential future risks to the banking sector, and how financial institutions are equipped to deal with these challenges.

Cyber Security

What’s changed; are we any safer than we were 24 months ago. Has the threat increased and has the legislative and industry actions done anything to really make us safer. If yes, how so and are we anticipating the next threat. If no, why not and what needs to be done to change that.

4:45pm-6:00pm

Litigation and Enforcement

Responding to government investigations and enforcement actions is more challenging now than ever before. Banking agency and other U.S. governmental authorities have been taking enforcement actions against banks with increasing frequency and imposing penalties that continue to grow in size. High-level bank regulators and senior bank executives on the panel will share their insights into current enforcement priorities and initiatives as well as key strategic and tactical challenges facing bankers today.

Emerging Payments

Innovation in digital payments has greatly accelerated over the last few years, largely fueled by mainstream adoption and advanced capabilities of mobile phones and their potential to transform commerce and payments. In this session, we will explore recent innovations from mobile payments to virtual currencies, and potential payments system impacts, including proliferation of customer credentials, new fraud scenarios, anti-money laundering compliance, lack of transparency for customer servicing, and heightened risk of identity theft. The panelists will offer recommended industry or regulatory approaches to mitigate these risks while encouraging a safe environment to encourage continued development of new capabilities benefiting consumers and businesses.

6:00pm-6:45pm

Chairman’s Achievement Award Reception

7:00pm-8:45pm

Chairman’s Achievement Award Dinner

More information about the Chairman’s Achievement Award Dinner.

9:00pm-11:00pm

Chairman’s Achievement Award After Party Reception

Time Description

8:30am-9:45am

Breakfast Congressional Session

Partnered with Bipartisan Policy Center

The November 2014 Congressional mid-term elections have the possibility to change the political landscape in Washington, D.C. in a substantial way. All eyes are on the U.S. Senate with a strong possibility to change control, and House elections are always unpredictable. With issues like Glass-Steagall reinstatement, a proposed Bank Tax, Housing Finance Reform, and ever-looming fiscal issues hanging in the balance, this session, being organized jointly with the Bipartisan Policy Center, will feature two leading legislators to discuss the agenda for banks in year ahead.

9:45am–11:00am

International Trends in Bank Structural Reform: Considering the Implications for Financial Stability and Markets

Do the existing activities and geographic structure of large international financial institutions pose a risk to financial stability? Although a rough international consensus has emerged around a variety of post-crisis regulatory reforms, debate rages on about whether the scope of large financial institutions’ activities and their geographic footprint should be restricted or ring-fenced, with major financial jurisdictions taking notably different approaches. Panelists will discuss the costs and benefits of existing or pending approaches to restructuring large financial institutions along these lines, whether under Volcker, Vickers, Liikanen and national resolutions regimes, as well as the potential impact of such approaches on the integration of global financial markets. Banking Structure.

Financial Crimes Compliance—A Way Forward?

Over the past few years, there have been increasing enforcement actions against banks resulting in unprecedented fines, deferred-prosecution agreements, and other penalties, which regulators maintain is the result of banks failing to keep pace with the changing environment surrounding financial crimes and increased regulatory expectations. The panel will explore how the various stakeholders can work together to bring the law, regulations, examination standards, and industry practices into alignment to meet future challenges.

11:00am-11:15am

Break

11:15am-12:45pm

Regulation of Banks

As the U.S. and other countries have worked in recent years to develop and implement capital, liquidity, and other macroprudential rules for large financial institutions, a new paradigm has emerged, as standards in this area are increasing mandated at the G-20 level, agreed by international standard-setting bodies, and implemented locally by national supervisors. Panelists will explore recent developments in macroprudential regulation and discuss the implications of this new, more internationally-focused paradigm on the pace of rulemaking, international consistency and competitive parity, the extent to which supervisors can meaningfully assess the potential impact of new rules ex ante, and the relative incentives of local jurisdictions to enact more stringent (so-called “super-equivalent”) standards.

12:45pm-2:00pm

Lunch

2:00pm-3:30pm

Bank Directors Panel

Partnered with The Center for Banking and Finance at the University of North Carolina School of Law

Since the crisis, U.S. and global bank regulators have raised expectations for bank boards of directors, and have proposed a broad-range of new responsibilities. As a consequence, unprecedented demands are being placed on the time, ability and expertise of the board and individual directors. How can a board, as a practical matter, competently satisfy this burgeoning set of regulatory requirements while still fulfilling all of the other fiduciary and strategic obligations expected of modern directors? This panel, including directors and leading experts in bank corporate governance, will discuss this question as well as other cutting-edge issues and challenges facing boards of directors in today’s highly regulated and rapidly evolving banking industry.