Andrew assists banks and non-bank financial institutions in the payments industry with regulatory compliance, business counseling, contract negotiations, due diligence, examinations, and civil investigations and litigation before federal and state banking and financial institution regulators. Andrew's clients include card networks, banks, fintechs, payment processors, payment facilitators, independent sales organizations (ISOs), online lenders, digital and mobile wallet providers, and merchants. He advises banks and payments clients on regulatory issues relating to the Federal Trade Commission (FTC), Department of Justice (DOJ), Consumer Financial Protection Bureau (CFPB), the Department of Treasury, the Federal Reserve, the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Commission (FDIC), state attorneys general, and numerous state banking and regulatory agencies. In addition, he counsels numerous banks and payments companies on federal and state laws governing the provision of financial services to marijuana-related businesses.
Andrew assists banks, broker-dealers, and financial services companies with Bank Secrecy Act and anti-money laundering (BSA/AML) compliance and represents them before the prudential banking regulators, Securities and Exchange Commission (SEC), Financial Crimes Enforcement Network (FinCEN), Financial Industry Regulatory Authority (FINRA), and other financial regulators. Andrew helpsclients design BSA/AML compliance policies and procedures, conducting compliance audits, and providing training on Customer Identification Programs (CIPs), Suspicious Activities Reports (SARs), Bank Secrecy Act reporting, OFAC/control list compliance, and other information requests from the U.S. government. This work has included advising banks and other financial institutions on setting up BSA/AML programs for marijuana-related businesses in states where marijuana has been legalized. In addition, he advises clients on compliance with the Foreign Corrupt Practices Act (FCPA) and the economic sanctions laws administered by the Office of Foreign Assets Control (OFAC). He also works on other international trade issues, including those involving the Committee on Foreign Investment in the United States (CFIUS).
Andrew counsels bank and non-bank clients on a variety of advertising, marketing, consumer protection, and general business issues. He helps clients with ongoing regulatory compliance concerns, examinations, investigations, and litigation before the Federal Trade Commission (FTC), the Consumer Financial Protection Bureau (CFPB), the Department of Transportation (DOT), and state attorneys general. Andrew's work has focused on industries subject to the Fair Debt Collection Practices Act, Fair Credit Reporting Act, and Electronic Fund Transfer Act, and other, similar consumer protection laws and regulations.
Andrew assists Venable's Nonprofit Organizations Group in advising trade associations and nonprofits on corporate governance, antitrust, and policy issues. In particular, he represents leading associations in the payments space on policy and advocacy involving federal regulatory developments.