The 2022 Expert-In-The-Loop Forum by Compliance.ai is now available on-demand! Watch sessions here

REgulatory Outlook track

Get a deeper dive into the regulatory and risk environment 

Banking, financial services, and insurance (BFSI) industry professionals are gathering online at the first Expert-in-the-Loop (EITL) Forum 2021, May 25-26. Experts on regulatory, legal, risk, compliance, and RegTech will share insights into how financial services firms can best navigate the complex regulatory environment of 2021 and beyond. 

One of the most important series of sessions for senior executives at this conference are included in the Regulatory Outlook track. This track will feature experts talking about the regulatory directions of the Biden Administration, cybersecurity, emerging risks for financial services, privacy obligations versus data rights, and anticipated changes to the Dodd-Frank Wall Street Reform and Consumer Protection Act, among other topics.

Mitigating Emerging Risks

The BFSI industry is faced with new business risks that have developed in the past 5-7 years, including  climate change, political instability, and pandemic operations. Every BFSI must expand and adjust their toolset for risk assessment, while determining strategies to prevent these risks from impacting their business. How firms plan for contagion management, geopolitical instability, and changing sanctions, while adopting new security measures surrounding security, privacy, and safety in a hybrid business model will determine their success. 

Moderated by Compliance.ai CEO, Kayvan Alikhani, Richard Dupree, CEO at RISKliance; Marty Mitchell, Managing Director for ProBank; and Matt Stein, VP of Business Development at Jupiter Intelligence, will discuss these emerging risks and offer solutions for BFSIs to understand these risks and take action to protect the firm.

What to Expect from the Current Presidential Administration

The Biden Administration has indicated a change in philosophy from the previous White House. Some changes are already underway, while others—including the appointment and Senate confirmation of key regulators—will take shape over the coming weeks and months. So even though a narrowly divided Congress will limit financial services legislation, Biden appointees in key regulatory positions will have a large impact on the financial services policy agenda. The Biden administration will likely support FinTech that ensures that innovative financial products and services serve the unbanked and underbanked communities and increase access to financial services.

Brian Castro, Senior Counsel for the House Financial Services Committee and Brent Crider, Executive Director of AML and BSA at Synovus; will discuss the expectations and regulatory outlook for the U.S. in 2021 and beyond.

Developments in Privacy Regulations and Practices 

The BFSI industry can expect new developments in regulations such as GDPR, GLBA, and CPRA, as well as a host of new initiatives to boost security for personal information. Demands to protect consumer rights and to improve oversight in vendor management will take center stage in 2021 and beyond. 

Join moderator Donna Bales, Founder of Canadian RegTech Association; Jeffrey Smith, Founder of Lawvisory and member of the Financial Crisis Inquiry Commission of 2010, Brent Crider, Executive Director of AML and BSA at Synovus; and Ileana Falticeni, General Counsel for Quantcast to discuss how privacy regulations have developed in the light of the COVID pandemic. The panel will provide insights and advice into the privacy and cybersecurity regulatory environment that financial services companies face today and in the future.

An Expert’s Perspective on Dodd-Frank 

Dodd-Frank was one of the broadest and most impactful regulations for financial services firms passed in the United States.  As time has passed, there have been adjustments to ease some of the compliance challenges while still attempting to protect the financial system and economy from shocks due to questionable financial transaction activities.  So, has Dodd-Frank been successful?  Is the financial system better as a result?  Jeffrey Smith will discuss the history of the regulation, likely developments in government policy and the impact on the private sector, leveraging his expertise in Dodd-Frank from having served on the Financial Crisis Inquiry Commission in 2010. 

Register Today

The topics presented here will be discussed at executive and board levels around the world. This is your chance to get ahead of the curve by gathering deep insights from experts in regulatory compliance.

Register for free to attend the first Expert-in-the-Loop (EITL) Forum by Compliance.ai.

X