and Marketplace Lending
Counseled fintech companies on financial regulatory and compliance ranging from licensing and product development, to fair lending and anti-money laundering.
Advised on development and implementation of enterprise-level risk management programs and compliance management systems.
Assisted fintechs in developing critical third-party relationships (including bank-partner agreements, servicing agreements, and asset purchase and sale agreements, including those agreements involving issues such as "true lender" risk).
Represented banks in transactions, including matters requiring regulatory approvals from U.S. federal and state bank regulatory agencies, and developed compliance frameworks for various business combinations.
Advised a foreign banking organization in drafting U.S. resolution plans and developing recovery and restructuring strategies.
Advised banks on payments issues regarding deposit access devices, including Automated Clearing House (ACH) and wire transfer transactions.
Represented financial institutions in investigations and enforcement proceedings before state and federal bank regulatory agencies.
Blockchain, Virtual Currencies, and Money Services Businesses
Advised companies on regulatory frameworks applicable to virtual currencies, cryptocurrencies, and blockchain.
Assisted a virtual company in applying for, and obtaining, required state money transmitter licenses and structured partnerships with banks and other ecosystem players.
Provided strategic advice to venture capital funds investing in initial coin offerings (ICOs).
Advised U.S. retailers on financial regulatory and contract issues related to retail acceptance of digital currencies.