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
 

US Supervision of International and Foreign Banking



Venable advises foreign entities about United States regulatory constraints on acquiring control of various forms of U.S. financial institutions, limits on interactions of such institutions with entities under common control, and supervisory expectations for domestic and foreign operations of such organizations, such as under the Bank Holding Company Act, International Banking Act, Foreign Bank Supervision Enhancement Act, Foreign Corrupt Practices Act, Bank Secrecy Act, OFAC, and U.S. Anti-money-laundering laws.

Our experience is extensive. Over the years, we have advised numerous state banking associations, whose members include foreign-owned banks, on proposed legislation, tax issues and regulatory developments. We also have provided counsel to several European Union banks regarding establishment US subsidiaries, branches or offices.

Venable attorneys recently assisted a South American owner of a U.S. national bank, in context of a transfer of its own shares to another foreign entity, about avoiding a violation of the Bank Holding Company Act through use of a divestiture trust. We also represented the Ministry of Foreign Relations of the French Republic in an investigation of a State-owned financial institution.