Arnold & Porter

Regulatory compliance, transactions, and enforcement remain central areas of focus for Arnold & Porter’s banking and consumer finance practices. Kevin Toomey, who leads both of these teams, is supported by a highly experienced group that includes former officials from key regulatory agencies, such as the Federal Reserve, OCC, FDIC, CFPB, and the New York State Department of Financial Services. Washington DC-based banking and securities specialist David Freeman also advises a variety of lenders on interactions with the CFPB and FTC in addition to helping clients navigate UDAAP rules. The banking team provides comprehensive guidance to financial institutions on a variety of issues, including capital requirements, licensing, mergers and acquisitions, risk management, regulatory compliance, and the necessary approvals. Additionally, the team offers valuable assistance to clients in structuring complex financial transactions and in responding effectively to enforcement actions. In the realm of consumer finance, the team advises banks and lenders on compliance with UDAAP regulations, advertising practices, required disclosures, and regulatory examinations.