Hot topics for Financial Services in 2020:
LIBOR, Data Privacy Regulation and brexit
Duration: 60 minutes
Financial institutions and financial services companies will face significant challenges in 2020 as they tackle LIBOR cessation, comply with CCPA and other data privacy legislation and prepare for Brexit. Regulators have indicated that they will be assessing LIBOR cessation preparedness. It is crucial for financial intuitions to understand their LIBOR exposure and determine a remediation strategy along all lines of businesses.
California Consumer Privacy Act (CCPA) became effective on January 1, 2020, yet many Financial Institutions and others in the fin serv community are unaware that they are required to comply and face potentially staggering fines.
Finally, it appears that Brexit will occur and the time to remediate and prepare is now.
Listen to this informative webinar to hear more about the challenges facing the financial services industry today and how Seal Software can help your institution be best prepared to replace uncertainty with insight.
Stuart Brock is a Director at Seal Software where he helps lead Seal's financial services programs. He is a licensed attorney who practiced law at a top national firm for some 10 years before moving in-house at Bank of America. During his tenure with Bank of America. During his tenure with Bank of America, Stuart held various roles within the Legal, Compliance and Procurement organizations.
Lynn Sumlin is a Director at Seal Software. Lynn works closely with Seal’s financial services clients. Prior to joining Seal, Lynn practiced law for over 20 years and was partner in banking practice of an international law firm. She concentrated her legal career in serving the financial services industry, including handling a wide variety of regulatory, commercial financial, securities and corporate transactions.