May 06, 2021

Mapping the World: Regulatory Inventories and Bank Risk Management

Mapping the World: Regulatory Inventories and Bank Risk Management

Thursday, May 6, 2021

Presented by: Banking Law

In recent years, regulatory change management has evolved to include inventorying of the legal requirements that apply to an in institution. Regulatory inventory practices vary widely in format and detail, but often include (i) mapping of processes, products, and relationships within an institution; (ii) identification of the legal requirements that apply to the process, product, or relationship; and (iii) development and implementation of controls to ensure the process, product, or relationship complies with the identified legal requirements.

This panel will explain what a regulatory inventory is, discuss how it is used within an institution’s risk management system, and provide insights on some of the common issues that institutions encounter when establishing their inventories.

Panelists:

  • Gregory Hudson (moderator), Deputy General Counsel, Comerica Bank
  • Nicole Anderson, Principal, PricewaterhouseCoopers LLP
  • Matthew Bisanz, Associate, Mayer Brown LLP
  • Moorari Shah, Partner, Buckley LLP