The business of banking involves both the acceptance and the management of risk. Venable helps clients manage their regulatory risk by advising on policies, procedures, and corporate governance, and assisting in responding to supervisory criticisms, which at times can seem endless, for even well-managed institutions.
Our attorneys help clients develop practical approaches to dealing with new regulatory requirements. We provide advice regarding the heightened regulatory scrutiny of relationships between financial institutions and their vendors and counterparties, including third-party service providers and payment processors.
Venable can advise on recent regulatory guidance on MRAs, prudential banking, and risk management governance, which, even when aimed only at the largest institutions, colors the supervisory relationship for community banks as well. We can also assist in dealing with the ongoing evolution of FFIEC guidance on data security and cybersecurity, now that it demonstrably warrants close attention from boards and management.
Venable provides a full suite of corporate legal services necessary for any complex business enterprise. This includes advice on corporate governance, taxation, federal and state securities law, labor and employment matters, and intellectual property and trademark protection.