New York, NY, May 20, 2015 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today Mr. Eric Jon Taylor, a partner with Hunton & Williams LLP will speak at the Knowledge Group’s webcast entitled: “Upcoming Banking Regulations: The Importance of Compliance in 2015 LIVE Webcast.” This event is scheduled for Tuesday, May 19, 2015 @ 10:00 AM to 12:00 PM (ET).
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About Eric Jon Taylor
Eric Jon Taylor is a Partner at Hunton & Williams LLP. Eric specializes in all areas of complex litigation and trial work. He has broad experience both from working as lead trial counsel in many high profile cases and as in-house chief litigation counsel for the U.S. subsidiary of a Fortune 100 financial services company. His practice focuses on defense in all aspects of employment, banking, housing, insurance and financial services litigation, with a primary concentration on defense of class actions and individual lawsuits in federal and state courts, and training to avoid litigation, all while fulfilling customer privacy obligations. Eric also advises clients on their practices and procedures related to mortgage servicing, mortgage insurance, employment, life insurance, annuity and mutual fund sales, affirmative action, fair lending, consumer lending, and debt collection.
About Hunton & Williams LLP
Hunton & Williams LLP represents clients across the spectrum of industries that make up today’s global economy: from manufacturers, financial institutions, retailers, health care companies and professional services providers, to businesses and academic institutions developing renewable energy resources and new technology solutions. Since 1901, we have grown to more than 800 lawyers serving clients from 19 offices across the United States, Europe and Asia. Our litigation department is well known for its trial experience. Our diverse team has the collective knowledge, skill, background and experience required to help businesses and individuals identify and manage potential risks, respond to existing or threatened litigation, and pursue resolution in every available venue.
In 2015, regulatory compliance will be the main focus for banks. The Consumer Financial Protection Bureau (CFPB) and other banking regulators will attend to deceptive marketing, debt traps, dead ends, and discrimination. With increasing data breaches in retail markets, payment system protection will be enhanced for mobile banking and other emerging technologies. The CFPB will continue to focus on the Home Mortgage Database (HMDA) proposed rule, overdraft, debt collection, pay-day lending, and arbitration clauses. Vendor management also will be important due to data breaches, systems implementation, and fair lending issues.
TILA/RESPA integrated disclosure implementation will not be ready by the August 2015 deadline; thereby leading to additional regulatory risks and problems for banking institutions. The addition of commercial loans and HELOCs will create immense challenges in the Banking industry. Also impending is the Dodd-Frank-mandated small business data collection process.
It is critically important that banking officials, compliance and regulatory officers, and their counsel develop strong compliance strategies. Otherwise they face failing to note, understand, or to act upon important, up-coming regulatory changes – and face severe, maybe even catastrophic consequences.
In this two-hour live webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will discuss the important Up-coming Banking Regulations and The Importance of Compliance in 2015. The panel of speakers also will provide advice regarding compliance and litigation avoidance strategies for banking institution officials.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Group, LLC was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/