We live in a dynamic time. Technology continues to accelerate the pace at which business can be done and the expectations of consumers. At the same, the regulation and oversight of business seems to be in a constant state of change. Now, more than ever, anyone doing business in a financial industry – whether as an insured depository institution, non-depository lender, mortgage company or MSB, payment processor or emerging FinTech company – needs in-depth regulatory guidance to meet the intricate challenges and capture available opportunities.

Our Financial Services Regulatory Compliance and Enforcement Team has extensive experience in consumer and financial regulatory compliance. We assist commercial banks, financial services companies and other businesses on a broad range of matters arising under federal and state law and regulation, including:

  • The Bank Secrecy Act (BSA) and other Anti-Money Laundering (AML) Laws and Regulations,
  • The Truth in Lending Act (TILA) and Regulation Z,
  • The Truth in Savings Act (TISA) and Regulation DD,
  • The Electronic Fund Transfers Act (EFTA) and Regulation E,
  • The Real Estate Settlement Procedures Act (RESPA) and Regulation X,
  • Issues related to alleged Unfair, Deceptive or Abusive Acts or Parctices (UDAAP) under various federal and state authorities,
  • The Fair Credit Reporting Act (FCPA) and Regulation V
  • National Automated Clearinghouse Association (NACHA) Operating Rules and Guidelines
  • State Unclaimed Property laws,
  • Consumer Privacy,
  • Electronic Contracts and Disclosures,
  • Internet and Data Security,
  • Predatory Lending.

We also recognize that, much as your regulators expect a culture of compliance to pervade your organization, in the current regulatory climate regulatory compliance advice cannot exist in a bubble. Our approach to providing regulatory compliance counsel recognizes that any compliance solution or enforcement resolution must be considered in the context of its practical impacts on your business. We work with our clients to develop practical, workable solutions that allow their businesses to move forward and to thrive.