FINANCIAL SERVICES REGULATORY QUICK FACTS

Attorneys focused on financial services and regulatory issues who regularly deal with, or who formerly served as senior officials and legal counsel of, federal and state agencies responsible for the supervision of banks and other financial institutions including the:

    Office of the Comptroller of the Currency
    Federal Deposit Insurance Corporation
    Federal Reserve Board
    Consumer Financial Protection Bureau
    Financial Crimes Enforcement Network (FinCEN)
    Federal Housing Finance Agency
    Department of Housing and Urban Development
    Federal Financial Institutions Examination Council
    Financial Stability Oversight Council
    Commodities Futures Trading Commission
    Department of Justice
    Department of Treasury
    Securities and Exchange Commission
    Office of Management and Budget
    Federal Trade Commission

HONORS AND AWARDS

Recognized by Chambers USA

Ranked in U.S. News - Best Lawyers "Best Law Firms," 2011 - 2017

Ranked among the nation's top firms for Financial Services:

    Regulatory in Legal 500

 

Electronic and Mobile Banking



While we cannot slow down the pace of technological change, we can surely stay abreast of the regulatory reactions to those changes. Venable’s mission is to help clients understand the risks and seize the opportunities arising from these developments.

We have advised one the nation’s largest and most successful Internet banks, as well as other leading financial services providers that rely principally on Internet or other non-traditional delivery channels. We regularly counsel clients on the laws and regulations governing electronic payments. Our clients also come to us for advice on mobile payment methods, use and security.

We work with a number of financial institutions with regard to the migration of business-to-business and business-to-consumer payments methods. Our attorneys provide counsel and insight regarding the Consumer Financial Protection Bureau’s growing interest in these payment methods, which include electronically created checks, remote purchase orders and electronically created payment orders. We also consult on virtual currencies, their use in the payment system and their status under the tax code.