The climate in which financial institutions operate continues to experience unprecedented change. Markets have become increasingly competitive, presenting institutions with compelling new challenges. At the same time, financial institutions are facing more complex regulations and heightened regulatory scrutiny, and they must ensure their management teams, employees and directors are properly informed and equipped to address the challenges. Now more than ever, a financial institution’s policies, procedures, systems and training are critical for limiting exposure and mitigating risk.
Drawing on a deep reservoir of experience within the financial industry, our attorneys are experienced and well-trained to help your institution navigate the often complex path of regulatory compliance. Our team boasts former bank regulators, including a former examiner for the Office of the Comptroller of the Currency (OCC), multiple former counsel with both the Ohio Division of Financial Institutions and Kentucky Department of Financial Institutions, as well as several seasoned attorneys with significant experience representing financial institutions before federal and state regulatory agencies.
Our attorneys are intimately familiar with the regulatory framework within which OCC, Federal Deposit Insurance Corporation, Federal Reserve System, Consumer Financial Protection Bureau and state regulatory agencies operate and work. Regional and community bank clients turn to us for advice on a broad spectrum of regulatory, compliance and lending relating issues, as well as corporate governance, strategic planning and periodic regulatory examination concerns. Through our collective experience, we have developed excellent working relationships with the regulatory agencies, from local to regional offices all the way to Washington, D.C.
Our experience working with a diverse mix of financial institutions affords us a greater understanding of the many financial institutions face. When an issue surfaces, whether it’s managing an enforcement action, mitigating damages, preparing training programs, implementing corrective actions to examination criticism or Dodd Frank Act Compliance, our attorneys draw on their extensive experience and knowledge to achieve beneficial results in a cost-effective manner.
In a rapidly evolving financial environment, you are exposed to myriad potential liabilities and complexities. It is imperative that financial institutions have a thorough understanding of the regulatory compliance issues they face. The Financial Institutions Group at Dinsmore recognizes the need to take a proactive approach toward addressing regulatory compliance issues and limiting your exposure to further regulatory scrutiny and liability. We are committed to providing you with the resources, knowledge and tools you need to protect against emerging threats in this constantly-changing environment. We look forward to serving you.