StoneTurn

Christopher Laursen, a Senior Adviser to StoneTurn, brings more than 25 years of experience in the financial services industry and is a leading expert in financial company risk management, regulation, and accounting. A former regulator with the Federal Reserve Board, the Federal Reserve System and the Office of the Comptroller of the Currency (OCC), Christopher has served as a policy maker and senior examiner, consultant to public and private clients, and testifying expert.

Christopher has testified in disputes involving trading and lending standards, product-specific risks, accounting, regulatory compliance, macroeconomics, industry custom and practice, valuation, damages, and fiduciary duties. He has provided clients with insights related to financial products including real estate loans, commercial and residential mortgage-backed securities, options and swaps, structured notes, equity securities, municipal and corporate bonds, foreign exchange, bank and broker dealer loans, mutual funds, insurance, private equity real-estate funds, and hedge funds.

Prior to his work with StoneTurn, Christopher served as the Federal Reserve Board’s (FRB) Manager of Risk Policy and Guidance, where he developed and interpreted Federal Reserve and U.S. interagency financial regulations and guidance. He also led the FRB’s trading and capital markets risk area, advising the Board of Governors, Federal Reserve Bank officers, and regulated institutions on various market, credit, and operational risks. While at the FRB, Christopher served as a member of the Basel Committee’s Trading Book Group, participating in the development of international risk management and capital standards for financial institutions across the globe.

Earlier in his career, Christopher served as a financial company examiner for both the Federal Reserve System and the Office of the Comptroller of the Currency (OCC). In this capacity he spent over a decade in-the-field evaluating financial company activities including proprietary and customer trading, securitization, loan underwriting and risk-rating, credit portfolio management, new product origination, and firmwide risk management. He also specialized in exams of international banking operations, anti-money laundering and trust-fiduciary activities. In addition, Christopher was Lead Capital Markets examiner over Bank of America Corporation and Shared National Credit team leader. He also led Federal Reserve investigations of domestic and international frauds.

During the financial crisis, Christopher reported directly to Chairman Bernanke as well as other FRB Governors and Reserve Bank Presidents on various risk, valuation, and regulatory issues. He led reviews of problem institutions and assisted in the development of special FRB actions to reduce market turmoil and economic damage.