Dodd-Frank Act - Part 1

Dodd-Frank Act - Part 1

Overview

This eCourse consists of three modules. Module 1 begins with a brief overview of all sixteen titles of the Dodd-Frank Act. It then explores elements of the Act that impact the regulation of financial institutions, including new offices created, new capital requirements, and how the Act impacts credit rating agencies. The module also outlines elements of the Dodd-Frank Act that impact trading, including the Volcker rule, regulation of OTC derivatives, and regulation of asset-backed securitization.

Module 2 provides an overview of the capital and prudential standards that the Dodd-Frank Act mandates. It explores the leverage and risk-based capital requirements set out in the Collins Amendment, the enhanced (‘prudential’) standards the Act mandates for both significant nonbank financial companies and significant bank holding companies, and the issues that regulators must consider when setting capital and margin requirements for participants in OTC derivatives markets.

The wide-ranging Dodd-Frank Act greatly expands the regulation of US banks and financial markets. To achieve its objectives, the Act required a number of new offices to be created. Module 3 provides an overview of these offices, as well as other changes to offices as a result of the Dodd-Frank Act.

Objective

On completion of this course, you will be able to:
- Provide a brief overview of all 16 titles of the Dodd-Frank Act
- Outline how the Act impacts the regulation of financial institutions
- Outline how the Act impacts the business of trading
- Define the basic concepts associated with capital requirements
- Describe the leverage and risk-based capital requirements for insured depository institutions, bank holding companies that hold insured depository institutions, and significant nonbank financial companies
- Describe the prudential standards for both significant nonbank financial companies and significant bank holding companies
- Outline the issues that regulators are mandated to consider when setting capital and margin requirements
- Describe the role of the Financial Stability Oversight Council (FSOC) and its associated office, the Office of Financial Research (OFR), in promoting US financial stability
- Describe the role of the Consumer Financial Protection Bureau (CFPB) and associated offices in protecting consumers from abusive practices
- Outline the role of various securities regulation offices established by the Dodd-Frank Act
- Explain why the Dodd-Frank Act eliminated the Office of Thrift Supervision (OTS)

Content

Module 1: Dodd-Frank Act - An Overview
Topic 1: Structure of the Dodd-Frank Act
Topic 2: Regulation of Financial Institutions
Topic 3: Impact on Trading

Module 2: Dodd-Frank Act - Capital Requirements & Prudential Standards
Topic 1: Overview of Capital Requirements
Topic 2: The Collins Amendment
Topic 3: Prudential Standards
Topic 4: Capital and Margin Requirements in OTC Derivatives Markets

Module 3: Dodd-Frank Act - New Offices Created
Topic 1: Financial Stability Oversight Council (FSOC)
Topic 2: Consumer Financial Protection Bureau (CFPB)
Topic 3: New Securities Regulation Offices
Topic 4: Elimination of the Office of Thrift Supervision (OTS)

Details

Code
TERCR17003801
Venue
ePlatform
Language
English
Level
Introductory
Hours
SFC:2.5, PWMA:2.5
Fees
All Member: HK$650
Non-Member: HK$925
Staff of Corporate Member: HK$650