Banking and Financial Services Regulatory Update: Insider Lending, Digital Assets, M&A, Preemption, Enforcement

Mr. Bisanz counsels domestic and global financial services firms on a variety of banking and derivatives regulatory issues. He advises financial institutions on core bank regulatory issues and adjacent subject matter domains. Mr. Bisanz is knowledgeable in all major aspects of the operations of an insured depository institution, its affiliates, and its partners—including chartering, acquisition, and permissibility analyses; ongoing risk management, governance, and compliance requirements; and insolvency and resolution issues. He also advises clients on Dodd-Frank Act compliance issues, including the Volcker Rule, capital and liquidity requirements, Reg YY enhanced prudential standards, and Title VII compliance. Further, his practice extends to the other regulatory and risk management needs of the firm’s financial institution clients through counseling on regulatory inventories and change management, cybersecurity and data privacy concerns, and anti-money laundering compliance. Mr. Bisanz currently serves as the Vice-Chair of the American Bar Association’s subcommittee on banking legislation and regulation.

Mr. Goss leverages his experience as a lawyer with the Office of the Comptroller of the Currency to resolve financial institutions’ most complex regulatory and enforcement matters. He also counsels financial institutions on mergers and acquisitions and securities offerings. Mr. Goss's close collaboration with seasoned bank examiners on the supervision of problem institutions assigned to the OCC’s Special Supervision unit, as well as his role with multiple rulemakings under the Dodd-Frank Act, give him a unique, insider’s perspective on bank regulatory compliance, supervision, enforcement and public policy. Coupled with his investigative and enforcement experience acquired representing financial institutions before the CFPB, OCC, FinCEN, Federal Reserve, the FDIC and others while serving in the Financial Institutions group of a Washington, DC law firm, and corporate experience in mergers and acquisition and securities offerings, Mr. Goss is uniquely qualified to advise financial institutions on virtually all aspects of their operations.  

Mr. Silvia represents financial institutions in a variety of corporate and regulatory matters, including mergers, acquisitions, strategic transactions, structured finance, corporate governance, payments, anti-money laundering and OFAC/sanctions compliance, and private equity and venture capital investments – in short, everything but litigation. His clients include international, national, regional, community, retail and commercial banks, fintech companies, credit unions and corporations. Mr. Silvia is a member of the Duane Morris Digital Assets and Blockchain Group, a multidisciplinary group of Duane Morris partners providing a full suite of services to clients in the cryptocurrency, digital asset, and blockchain industries, both domestically and internationally. He also hosts the Duane Morris Money and Banking Law Podcast, where he educates clients and friends on critical developments in the law and regulation of money and banking, as well as some fundamental concepts and structure of the banking ecosystem itself.

Mr. Stipano provides assistance in establishing, maintaining and monitoring anti-money laundering/countering the financing of terrorism (AML/CFT) compliance programs, conducts investigations and represents clients in regulatory matters, including state and federal regulatory enforcement actions. His regulatory and enforcement experience includes more than 30 years at the Office of the Comptroller of the Currency (OCC). As Deputy Chief Counsel from 2000 to 2016, Mr. Stipano played a key role in significant Bank Secrecy Act (BSA) rulemakings and policy issuances and oversaw major OCC enforcement actions. Prior to that, he served as the Director of Enforcement. Mr. Stipano has testified six times before Congress on enforcement and AML/CFT matters. He is a member of the advisory boards of ACAMS and the ABA/ABA Financial Crimes Enforcement Conference.