Will cover Community Reinvestment Act implications around mergers & acquisitions
Wolters Kluwer today announced that today announced that Timothy R. Burniston, executive vice president, Professional Services & Consulting Practice, will join a panel of senior industry executives discussing Community Reinvestment Act performance and how it affects financial institutions as part of their plans to grow through merger and acquisition activities. The hour-long panel presentation, “Mergers and Acquisitions: Is Your Bank Ready?” on Tuesday, March 8, is part of the CBA LIVE 2016 conference, March 7-9, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Ariz.
“Given the increased regulatory attention to CRA performance and plans in connection with mergers and acquisitions, it is critical for financial institutions to establish clear goals to help ensure a clear expansion path,” says Burniston. “Our intent in this panel is to provide insights on how to prepare for regulatory expectations in connection with M&A and other growth opportunities.”
Lloyd W. Brown II, corporate CRA officer, Citibank, NA, will moderate the session and will be joined by Sharon Jeffries-Jones, director of CRA/Community Development, BB&T Corporation, and Jan E. Woolsey, CRCM, managing director, CRA Strategy & Operations, MUFG Union Bank, N.A., as well as Burniston.
Burniston joined Wolters Kluwer’s financial services business in 2011 to lead its Professional Services & Consulting Practice group, which helps compliance and risk management executives more effectively navigate an increasingly complex regulatory environment. Previously, he was a senior executive in the federal government who designed and led compliance, fair lending, and Community Reinvestment Act examination programs for the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision.
In its seventh year, CBA LIVE brings together more than 1,300 attendees annually, including more than 550 bankers in retail, product development, and compliance and risk roles, to learn new trends and share insights with influential decision makers in the industry. For details, visit CBA LIVE 2016.
About Wolters Kluwer Governance, Risk & Compliance
Wolters Kluwer Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, which provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertise needed to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments. The division’s prominent brands include: AppOne®, AuthenticWeb™, Bankers Systems®, BizFilings®, Capital Changes, CASH Suite™, CT Corporation, CT Small Business, CT Lien Solutions, Corsearch, Datacert, ELM Solutions, GainsKeeper®, NRAI, OneSumX®, TyMetrix®®, Uniform Forms™, VMP® Mortgage Solutions and Wiz®.
Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance, and legal sectors. Wolters Kluwer reported 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.
Manager, Corporate Communications
Wolters Kluwer Financial Services
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