Buchalter’s Financial Services Regulatory Group provides banks, credit unions, and non-bank financial institutions with expertise in the full range of financial institution regulatory requirements at the Federal and state level. Our knowledge includes FinTech-financial services regulatory issues, and compliance and risk management needs.
Bank, Credit Union and Other Financial Institutions – Regulatory Counseling
Regulatory and Licensing
We provide industry-leading expertise in financial services regulatory issues, including:
- Federal bank and credit union regulatory requirements, including Regulations D, F, L, Q, O, W, Y, BB, CC and NCUA regulations.
- Equivalent state bank, credit union and other financial institution regulatory requirements.
- Regulatory impacts on mergers, acquisitions, and investments.
- Interactions with Federal regulators, including the Federal Reserve, FDIC, OCC, Treasury, FFIEC, and the NCUA.
- Interactions with state banking regulators, including the California Department of Business Oversight and the New York Department of Financial Services.
- Regulatory filings and reporting (our Corporate Group handles securities filings for banks, credit unions and other financial institutions).
- Federal and State law surveys.
- Mortgage and Consumer Financial Services
- Licensing for financial institutions under state laws.
- Preemption.
- Drafting of Policies and Procedures.
- Compliance and risk management.
- Managing regulatory examinations.
- Developing regulatory remedial action plans.
FinTech
- FinTech – bank partnerships.
- Possible Federal bank charters.
- Licensing requirements.
- Regulators’ “innovation offices”.
- FinTech vendor and service provider contracts.
- FinTech vendor management.
Data Privacy and Security Issues
We routinely advise clients on how to comply with numerous privacy and security regulations and issues, including:
- Privacy and cybersecurity breaches.
- Privacy and cybersecurity oversight.
- Gramm-Leach-Bliley Act (GLBA).
- California Consumer Privacy Act of 2018 (CCPA).
- California Financial Information Privacy Act (CFIPA).
