Partners Reena Sahni (New York-Financial Institutions Advisory & Financial Regulatory), Geoffrey Goldman (New York-Derivatives & Structured Products), Joel Moss (New York-Financial Restructuring & Insolvency) and Ned Schodek (New York-Financial Restructuring & Insolvency) spoke at the 2nd US Recovery and Resolution Summit on February 22–23, 2017.
Sponsored by Shearman & Sterling and held at our New York offices, the summit brought together the leading minds from banks, regulators and the industry to examine the key issues in recovery and resolution, including regulatory developments for TLAC, operational continuity, CCPs and resolvability.
Sahni provided an overview of the final US TLAC Rules, including the implications for RRP and SPOE/MPOE models. She also moderated a bank panel on key priorities for resolution plans and submissions. Moss and Schodek spoke on bankruptcy developments impacting RRP, including prospects for Chapter 14. Goldman moderated a panel on implementing the CPMI-IOSCO Resiliency and Recovery Framework.