Banking Law Committee
The Banking Law Committee explores current legal issues affecting banks and bank holding companies operating in the U.S. and abroad. Committee members have been drawn from law firms, financial institutions, state and federal banking agencies, legal aid groups and law schools (professors and students) and represents diverse viewpoints. The Committee selects topics for discussion at monthly meetings and invites guest speakers to present on that topic. Topics are presented in an informal setting where members have the opportunity to learn from, and provide constructive comments to, guest speakers. Recent topics have included the Office for Foreign Assets Control and Economic Sanctions, the Dodd-Frank orderly liquidation authority for systemically important financial institutions, Basel III, living wills under the Dodd-Frank Act, and the Consumer Financial Protection Bureau.
The Banking Law Committee issues reports on proposed legislation and legal interpretations and in addition sponsors conferences. In 2010, the committee organized a conference on consumer credit practices and the option of establishing a consumer financial protection agency at which Professor Elizabeth Warren gave the keynote address. In 2011, the committee helped to organize a two day conference on microfinance. In 2012, the committee co-sponsored programs on living wills under the Dodd-Frank Act and on alternatives for resolution of systemically important financial institutions.