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From Legacy Banks to Fintech: Understanding Modern Banking Structures

SKU: BNK3100
General Credits
1
Price$50
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Description

In this CLE course, we will explore the chartering and licensing options available to legacy banks, foreign banking organizations, and fintech companies seeking to establish, expand, or enhance the permissible activities conducted through a U.S. entity or a U.S.-based banking partner. Participants will examine the evolving landscape of banking and financial services, including traditional depository institutions, limited-purpose banks, special-purpose charter entities, and Banking-as-a-Service (BaaS) models.

The course will provide an overview of the legal and regulatory framework governing the "business of banking," including the products and services that distinguish banking organizations from other financial services providers. Attendees will gain familiarity with key federal banking statutes, including the National Bank Act, Bank Holding Company Act, International Banking Act, and Gramm-Leach-Bliley Act, as well as the operation of the dual federal-state banking system and the respective roles of chartering and prudential regulators.

The program will also examine common bank holding company structures, the regulation of foreign banking organizations operating in the United States, emerging special-purpose charter options, and the growing role of fintech companies and bank-fintech partnerships in delivering financial products and services. Through this discussion, participants will develop a practical understanding of the legal, structural, and regulatory considerations that shape modern banking organizations and financial services platforms.

Lecturer Bio

LLoyd Winans

Lloyd Winans is a cross border financial services counsel serving primarily non-US financial entities seeking to establish or enhance their presence in the United States. He has a long career interfacing with US banking and securities regulators on behalf of foreign institutions. Mr. Winans has previously served as counsel to the Federal Reserve Bank of Atlanta, as Citibank’s Group Counsel to Latin America, and as General Counsel to Lehman Brothers’ commercial banks. He has organized the U.S. operations of and served as dedicated counsel to numerous European and Latin American financial institutions.

He is a former Board member of the Federal Home Loan Bank of Pittsburgh, a former Chair of the American Bar Association’s International Business Law Committee, and was the founder and co-Chair, for many years, of the American Bar Association’s Latin American Law Committee.

National Academy of CLE is a provider of CLE courses in Georgia, approved by the Georgia Commission on Continuing Lawyer Competency, sponsor #3730. To view our full accreditation details, please click here.


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