Call reporting, DFAST, CCAR - the amount of time and energy spent by banks to comply with cumbersome banking regulations is painful at best. You can turn this process into an advantage for your company by leveraging current advances in technology to cost-effectively streamline compliance with regulatory requirements and deliver more advanced planning and analysis that fuels company growth.

1. Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
Unlocking the Value of Regulatory
Compliance to Advance Financial
Planning & Analysis

2. Learning Objectives
After attending this event you will be able to:
• Identify opportunities for your company to more
effectively comply with banking regulations
• Discover the current landscape for technology solutions
being leveraged by banks to ease the burden of
compliance
• Leverage the data your company uses to create
compliance reports to improve financial planning and
analysis

3. Welcome to Proformative
Proformative is the leading educational resource for corporate finance
professionals.
Announcing the new Proformative Academy:
• On demand video courses taught by peers and SMEs
• Over 150 finance and accounting courses and growing rapidly
• CPE for CPAs, CMAs, CTPs, and CIAs
Check it out at www.ProformativeAcademy.com

4. Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
Unlocking the Value of Regulatory
Compliance to Advance Financial
Planning & Analysis
Irene Hendrick, CFSA, Regional Managing Director -
Financial Services, RGP

5. The Vast Regulatory Environment

6. Major Banking Legislation Over The Years (how we
got here)
•Federal Reserve Act of 1913 - established the Federal Reserve System
•Securities Act of 1933 - requires that investors receive financial and other significant information
concerning securities being offered for public sale
•Banking Act of 1933 (Glass Steagall) - separated commercial and investment banking
•Securities Exchange Act of 1934 - created the Securities and Exchange Commission and requires the
filing of annual financial reports
•Investment Company Act of 1940 - regulates the organization of companies, including mutual funds, that
engage primarily in investing, reinvesting, and trading in securities, and whose own securities are offered to
the investing public.
•Investment Advisers Act of 1940 - regulates investment advisers. With certain exceptions, this Act
requires that firms or sole practitioners that are compensated for advising others about securities
investments register with the SEC and conform to regulations designed to protect investors.
•Gramm-Leach-Bliley Act of 1999 - created a new “financial holding company” entity that can underwrite
and sell securities and insurance, conduct both commercial and merchant banking, and invest in real estate
…………. and last but certainly not least……..

7. Dodd-Frank Wall Street Reform & Consumer
Protection Act

8. Regulatory Bodies (U.S.)
• Federal Reserve (Fed or FRB) – Serves as the US central bank and has responsibility for
supervising and regulating various segments of the banking industry to ensure safe and sound
banking practices and compliance with banking laws, including:
 bank holding companies,/financial holding companies
 state-chartered banks that are members of the Federal Reserve System (state member
banks) and their foreign branched
 U.S. state-licensed branches, agencies, and representative offices of foreign banks
•Federal Deposit Insurance Corporation (FDIC) – The FDIC provides deposit insurance and
also serves as the primary federal regulator of banks that are chartered by the states that do
not join the Federal Reserve System.
•Securities and Exchange Commission (SEC) - The SEC oversees the key participants in
the securities world, including securities exchanges, securities brokers and dealers,
investment advisors, and mutual funds.
•Office of the Comptroller of the Currency (OCC) - The OCC regulates and supervises all
national banks and federal savings associations. We also supervise the federal branches and
agencies of foreign banks.

9. Regulatory Bodies (U.S.) (con’t)
•Financial Industry Regulatory Authority (FINRA) – FINRA (formerly known as the NASD) is a self-regulatory
organization that regulates trading in equities, corporate bonds, securities futures, and options,
with authority over the activities of more than 5,100 brokerage firms, approximately 173,000 branch offices,
and more than 676,000 registered securities representatives. All firms dealing in securities that are not
regulated by another SRO, such as by the Municipal Securities Rulemaking Board (MSRB), are required to
be member firms of the FINRA.
•Commodity Futures Trading Commission (CFTC) – CFTC regulates trading in futures, options, and
swaps. CFTC is now the main regulator for all centrally cleared derivatives (Title 7 of Dodd Frank).
•The Dodd-Frank Act established the following new regulatory bodies :
•Financial Stability Oversight Council (FSOC) – FSOC is responsible for impose regulations on SIFIs and
recommending other steps to avert financial disruptions.
•Office of Financial Research (OFR) – OFR is responsible for gathering market data that can reveal a
firm’s fiscal health as well as overall banking industry’s risk exposure.
•Consumer Financial Protection Bureau (CFPB) - CFPB regulates consumer financial products and
services and enforces the federal consumer finance regulations.

10. Regulatory Bodies (International)
•G-20 - The G-20 is a group of finance ministers and central bank governors from 20 major
economies: 19 countries plus the European Union (which is represented by the President of
the European Council and by the European Central Bank). The objective of the G-20 is:
 Policy coordination between its members in order to achieve global economic stability,
sustainable growth;
 To promote financial regulations that reduce risks and prevent future financial crises; and
 To create a new international financial architecture.
• Financial Stability Board - The FSB was established by the G-20 to coordinate at the
international level the work of national financial authorities and international standard setting
bodies and to develop and promote the implementation of effective regulatory, supervisory and
other financial sector policies.
• Basel Committee on Banking Supervision (BCBS) - The Committee provides an
international forum for cooperation on banking supervisory matters, and has become a
standard-setting body on all aspects of banking supervision.

11. Regulatory Bodies established by Dodd Frank
•Title I of the Act establishes two new bodies under the supervision of the U.S. Treasury Department
to share insight and information across the disparate arms of the US financial services industry.
•Financial Stability Oversight Council (FSOC)
 Headed by the Secretary of the Treasury.
 Other members of the Council include: the chairman of the Federal Reserve, the Comptroller of the
Currency, the director of the Bureau of Consumer Financial Protection, the chairman of the SEC, FDIC,
and CFTC, the director of the Federal Housing Finance Agency, and the chairman of the National Credit
Union Administration Board. The final member is an appointee of the President of the United States (with
the advice and consent of the U.S. Senate).
 Vested with power to impose regulations on SIFIs and recommend other steps to avert financial
disruptions.
•Office of Financial Research (OFR)
•Mandate is to oversee and create standards for data that can reveal a firm’s fiscal health and the entire
industry’s risk exposure.
•(As well, Title X of the Act establishes the Bureau of Consumer Financial Protection (BCFP) within the
Federal Reserve System to regulate consumer financial products and services and to enforce the federal
consumer finance regulations.)

12. Unlocking the Value of Regulatory Compliance
to Advance Financial Planning & Analysis
Thank you for your interest in this presentation.
View the on-demand webinar or download the full
presentation at:
www.Proformative.com