Financial Services Regulation: Banking (Enforcement & Investigations)
USA Guide 2024 : USA - Nationwide
Band 2
About
Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
The Financial Institutions Regulation and Enforcement Group at Skadden regularly advises on the full range of regulatory, enforcement and legislative matters affecting banks, thrifts, securities firms, funds, nonbank lenders, insurance companies and other financial services firms. We represent global financial institutions on cross-border compliance and enforcement matters, including examinations, internal investigations, voluntary disclosures, and the resolution of administrative and enforcement proceedings involving federal and state regulatory agencies and law enforcement. Our attorneys are experienced in a wide variety of matters involving cross-border anti-money laundering, economic sanctions, banking secrecy and data protection compliance matters.
Skadden was named The American Lawyer’s 2018 White Collar/Regulatory Litigation Department of the Year. We were named Financial Services Regulatory Team of the Year at the 2017 International Financial Law Review Americas Awards, and we received a 2017 Chambers USA Award for Excellence for having the nation’s top Securities and Financial Services Regulation practice. Skadden was once again one of only five firms recognized in the Sanctions Law Firm of the Year — USA category at the WorldECR 2017 awards.
Chambers Review
Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates is a hugely respected firm with an enviable history of involvement at the cutting edge of the US financial services arena. Particular strength in the banking space, advising leading institutions on a range of sophisticated regulatory compliance, enforcement and M&A matters. Advises on all aspects of the Dodd-Frank Act, and adept at dealing with allegations of sanctions and anti-money laundering violations. Offers additional expertise in consumer finance, including CFPB compliance and enforcement matters, and particularly excelling in consumer class action defense. Noted expertise in the emergent FinTech area.
Work Highlights
- Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates represented the SVB Securities management team bidder group in acquiring SVB Securities from SVBFG.
Strengths
Provided by Chambers
"Skadden has a strong awareness of client objectives and puts forward constructive and pragmatic proposals."
"The team's response time is excellent and the product we receive is comprehensive."
"The lawyers have the latest market intelligence on the most sophisticated transactions."
"Skadden has a strong awareness of client objectives and puts forward constructive and pragmatic proposals."
"The team's response time is excellent and the product we receive is comprehensive."
"The lawyers have the latest market intelligence on the most sophisticated transactions."
Notable Practitioners
Anand Raman is one of the industry's finest civil litigators and a sought-after expert on issues that dominate the consumer finance space. He focuses his practice on the representation of financial institutions in examination, enforcement and litigation proceedings advanced by the CFPB, FDIC and DOJ.
"He crafts creative and nuanced legal strategies. He is amazing with statistical analysis and marrying that with legal arguments."
"Anand is knowledgeable, professional and responsive."
"Anand is exceptional and also very efficient."
Mark Chorazak is sought out by leading banks and financial institutions. He is recognized for his strengths advising on a wide range of regulatory issues, including all aspects of the Dodd-Frank Act and Bank Holding Company Act.
"He readily understands complex issues and is adept at arriving at and explaining solutions."
"Mark has an amazing ability to walk clients through comprehensive responses to niche questions."
Ranked Lawyers at
Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
USA - Nationwide