Erin Kelly

Director
Regulatory Advisory

Financial Institutions | Kennett Square, PA

Phone: +1 484 731 3089

About Erin

Erin Kelly is a Director of Regulatory Advisory for Chatham’s Financial Institutions team. She reviews and negotiates derivatives documentation on behalf of banks and credit unions and brings extensive subject matter expertise in ISDA Agreements and related documents, as well as regulatory bilateral agreements.

Prior to joining Chatham, Erin was an immigration defense attorney specializing in removal proceedings for clients from Latin and Central America. During law school, Erin interned with Vanguard, Ogletree Deakins, and SEPTA. Erin received her Bachelor of Arts from Lock Haven University and her Juris Doctor from Drexel University School of Law where she served as a Dean’s Scholar. Erin is a licensed attorney in good standing in Pennsylvania.

Publications

Article

Adjustable Interest Rate (LIBOR) Act Update

LIBOR Transition

On Friday, December 16, the Federal Reserve Board adopted the final rule to implement the Adjustable Interest Rate (LIBOR) Act. The final rule identifies benchmark rates based on the Secured Overnight Financing Rate (SOFR) that will replace LIBOR in certain financial contracts after June 30, 2023.

Article

CFTC releases a Request for Information on climate-related financial risk

In June, the Commodity Futures Trading Commission (CFTC) released a Request for Information (RFI) on climate-related financial risk, and they have recently extended the deadline for comment until October 7. Regulators signal that climate-related issues will remain near the top of their agendas, so we wanted to ensure that our clients and the market were apprised of the RFI and could submit comments.