FDIC Proposed Banking Regulations Brown Bag Lunch
On Thursday, April 4th, the Business Law Program hosted a discussion on standards proposed by the Federal Deposit Insurance Corporation (FDIC) regarding corporate governance and risk management of financial institutions under the FDIC’s authority. The asserted purpose of the proposal is to update bank corporate governance standards to address regulatory concerns raised by the 2008 financial crisis and recent bank failures in 2023. The discussion featured perspectives from experts in corporate law and fiduciary duties, administrative law, and financial services. The panel was moderated by Professor Jerry Comizio, Associate Director of the Business Law Program and included WCL alum Jacob Sciandra, a Partner in the Financial Services Regulatory Practice at PwC; Kenneth Anderson, Professor of Business Law at WCL; and Daniel Cohen, Adjunct Professor of Administrative Law at WCL.