Cross-Border Webinar for the Financial Services Sector

We have witnessed an increase in enforcement action against firms for the mishandling of client information and security breaches. This webinar discussed developments in the United States and Europe which affect financial institutions when transferring, acquiring, and managing confidential client information.

Topics included:

• Overview of developments in Europe and the United States (including the FACT Act and Red Flag rules which will be enforced from August 2009)
• Laws governing cross-border transfer of client information to affiliates and third parties
• Disclosure of client information to overseas regulators and governmental authorities
• Expected systems and controls to prevent client information security breaches
• Sanctions for security breaches and remedial measures

View a recording of the webinar.

Should you have any questions regarding the content discussed during the program, please feel free to contact one of our panelists. Their contact information is as follows:

Steve Stone
Washington, D.C.
Ph: 202.739.5453
Email: sstone@morganlewis.com

Beth Kiesewetter
Washington, D.C.
Ph: 202.739.5127
Email: bkiesewetter@morganlewis.com

Jon Gerty
London
Ph: +44.020.3201.5583
Email: jgerty@morganlewis.com

Afzalah Sarwar
London
Ph: +44.020.3201.5590
Email: asarwar@morganlewis.com

Etienne Drouard
Paris
Ph: +33.1.53.30.4412
Email: edrouard@morganlewis.com

Carsten Horter
New York/Frankfurt
Ph: 212.309.6199
Email: chorter@morganlewis.com