Supervision of Operations

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.

Government Experience
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Our team includes attorneys who are focused on financial services and regulatory issues and regularly deal with, or formerly served as senior officials and legal counsel of, federal and state agencies responsible for the supervision of financial institutions, including:

  • Office of the Comptroller of the Currency
  • Federal Deposit Insurance Corporation
  • Federal Reserve Board
  • Federal Deposit Insurance Corporation
  • 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

Recognition
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  • 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