NEW YORK, NY--(Marketwire - Jul 13, 2012) - The US federal bank regulatory agencies recently released proposed rules implementing the regulatory capital and other related requirements under Basel III and the Dodd-Frank Act. Once implemented, these reforms will have a major impact on the business and investment activities of US banks of all sizes, and foreign banks with a US bank subsidiary. To help lawyers understand the practical implications of US Basel III Rules, Practical Law Company (PLC), a provider of practical legal know-how to law firms, law departments and law schools, will host a free webinar (CLE pending in NY), "US Basel III Rules: Issues for US and Foreign Banks" on July 26, 2012, at 12:00PM ET (9:00AM PT).

The 90-minute webinar will provide an overview of the proposed rules, including the new capital rules, risk-weighted assets rules and "advanced approaches" rules, and their respective timelines for implementation. It will also cover practical impacts of the rules on the balance sheets, operations and business activities of covered banks, including their effect on bank lending programs and investments. The program will be followed by a question and answer session.

During the presentation, Jeremy Estabrooks, attorney editor with PLC's Finance service will host a discussion with Greg Lyons, a partner with Debevoise & Plimpton LLP. The panelists will focus on providing an understanding of the proposed reforms and their implications, helping to ensure banking organizations can prepare for the coming changes and recalibrate their financials, operations and business activities accordingly and give meaningful input to the agencies during the rules' comment period.

"The implementation of Basel III in the US is a particularly significant development for the US banking industry," said Estabrooks. "At issue is not just how these rules are specifically interpreted for application in the US, but also how they will be integrated and harmonized with related requirements under the Dodd-Frank Act. Banks need to be aware now of how the proposed rules will affect their operations and bottom line, and what changes they should advocate for during the present comment period."

Register for the free PLC webinar:

About Practical Law Company: Formed in the UK in 1990 and in the US in 2009, Practical Law Company provides practical legal know-how to law firms, law departments and law schools. Through a team of more than 100 expert attorney editors, PLC provides practical, up-to-date resources across all major practice areas to help lawyers get up to speed quickly, save time and protect the bottom line. Learn more at or via Twitter

Editor's Note: Press Invited to Attend

Contact Information:

Media Contact:
Susan E. Jacobsen