Max Bonici counsels U.S. and non-U.S. financial institutions and financial services providers on regulatory, supervisory, and enforcement matters. Max represents clients in prudential bank regulatory matters, applications and other filings, and powers/structure questions before U.S. bank regulators and in U.S. and cross-border internal investigations and due diligences. He counsels clients on enhancing policies and procedures and implementing remediation steps. Max regularly works on matters involving the Bank Holding Company Act, the International Banking Act, the National Bank Act, and the Dodd-Frank Act, including the Volcker Rule, among others. He also counsels emerging fintech and other tech companies on bank regulatory matters.
Max represents U.S. and non-U.S. financial institutions, their non-bank affiliates, vendors, and other financial services providers on U.S. financial laws and core bank regulatory issues, involving the Federal Reserve, the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), the Consumer Financial Protection Bureau (CFPB), and state banking regulators.
He counsels clients on issues involving powers and permissible activities, structure and control, charter choice and conversions, Volcker Rule compliance, branching, affiliate transactions, third-party relationships, crypto and digital assets, bank-fintech partnerships and vendor issues, FDIC deposit insurance applications and coverage issues, FDIC recordkeeping requirements, passthrough insurance, and advertising rules.
Max also advises and manages regulatory applications for de novo institutions and activities, bank holding companies, business combinations, controlling and non-controlling equity investments, charter conversions, U.S. entry options for non‑U.S. financial institutions, including the establishment of U.S. branches and representative offices, and licensing and compliance considerations for fintechs and technology companies, bank partners, and non-bank financial services providers.
Prior to private practice, Max worked at the Federal Deposit Insurance Corporation.
Max also serves as general counsel to Women in Housing and Finance, a premier, nonpartisan association of women and men that actively promotes its members in the fields of housing and financial services while retaining a focus on its female members.