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98 Cutter Mill Road, Suite 441, Great Neck, New York 11021-3006
Schedule a Consultation 800-206-7375 800-206-7375

Banks

BANKING LAWS & REGULATIONS

  • Strategic Planning and Compliance under the Gramm-Leach-Bliley Act of 1999
  • New Bank Formations
  • Branch Applications
  • Community Reinvestment Act
  • Insider Transactions
  • Bank Mergers & Acquisitions
  • Capital Adequacy and Risk Based Capital
  • CAMELS
  • Truth in Savings and Truth in Lending
  • Bank Examinations
  • Memoranda of Understandings and Cease and Desist Orders
  • Bank Holding Company Restructuring
  • Bank Insurance and Securities Activities
  • Financial Services Modernization

FOREIGN BANKS
We will provide legal assistance and advice to Foreign Banks which want to establish a presence (or change the nature of their existing legal or juridical presence) in the United States, including: (i) Whether to organize under Federal or State charter and the advantages and disadvantages of Charter selection; (ii) The application of Federal and State laws on Interstate Banking to Foreign Banks; (iii) The type of presence which would best serve the business and financial objectives of a Foreign Bank, as, for example, whether, for a particular bank, a U.S. subsidiary should be the objective, or, alternatively, a federal or state branch or agency is the advisable vehicle for establishing and/or maintaining a banking presence in the U.S.

In summary, we will seek to assist foreign banking clients with options, alternatives, and strategic planning input which takes into account the unique and individual requirements of each foreign entity, and the countries and states where they are domiciled. The U.S. laws and regulations, including both federal laws and the laws of each of the States are exceedingly complex with regard to establishing and maintaining a banking presence in the U.S.