Engagement Areas
We aim to be a trusted advisor for senior executive teams and boards of directors as they address U.S. financial industry regulatory recommendations, actions, and challenges associated with the ever-changing supervisory landscape. We offer strategic solutions, guidance, and other assistance on regulatory remediation matters, including those associated with significant and high-profile safety & soundness, compliance supervision, and enforcement matters.
Example engagements:
- Enforcement action plan preparation
- Remediation activities and progress reporting
We assist clients in responding to new and changing rules, regulations, guidance and supervisory expectations, while also advising on preparation of key regulatory deliverables. We have significant experience crafting optimal regulatory communications, along with strategies and corrective actions to remediate regulatory issues, findings, and enforcement actions.
Example engagements:
- Compliance program design, assessment, and oversight
- Testing and assurance activities evaluations
- Policy and procedure inventory, development,t and remediation
We are a preeminent provider of strategic advice associated with all aspects of recovery and resolution planning for financial institutions of all sizes ranging from regional banks subject to Group B FDIC CIDI requirements to the US and foreign GSIBs subject to RRP regimes around the globe.
Example engagements:
- Full and targeted support for development of regulatory submissions related to FRB and OCC recovery plans, FRB/FDIC 165(d) resolution plans, as well as FDIC CIDI resolution plans.
- Development of specific financial and operational recovery and resolution planning capabilities
- Conducting third-party capabilities testing and assessment, including conducting ‘mock exams’
- Provision of ongoing support and strategic advice associated with recovery and resolution planning examination and regulatory engagement process
We have successfully supported both foreign and domestic applicants in their strategic objective to obtain a U.S. bank charter. We have extensive experience with the various bank charter application processes and submission material requirements, to include traditional and unique (e.g. industrial bank) bank charters.
Whether forming an entirely new financial institution or seeking to acquire an existing institution, we have experience advising senior executive teams, boards of directors, and sponsors to navigate the complexities of the associated regulatory process and supporting or leading efforts to develop the final submission materials.
Example engagements:
- Application preparation
- Recovery and resolution plan merger and acquisition impact analysis
We aim to be a trusted advisor for senior executive teams and boards of directors as they address U.S. financial industry regulatory issues and challenges. We offer strategic solutions, guidance, and other assistance on regulatory remediation matters, including those associated with significant and high-profile safety & soundness, compliance supervision, and enforcement matters.
Example engagements:
- Enforcement action plan preparation
- Remediation activities and progress reporting
As independent monitors, we conduct thorough assessments of compliance programs, operational integrity, and regulatory obligations, ensuring adherence to settlement agreements and regulatory standards.
Our expertise extends beyond traditional banks to support fintech, non-bank financial institutions, banking-as-a-service, and novel market entrants, ensuring they meet regulatory expectations while fostering innovation and growth. We are also experienced in advising established technology and other companies that are increasingly subject to heightened regulatory and contracting scrutiny associated with their provision of services to the financial industry.