Chris Allen represents clients in a broad range of regulatory compliance and investigative matters before federal and state government agencies. Mr. Allen's practice focuses on advising bank and nonbank financial industry participants on their compliance obligations under federal and state law, as well as advising institutions and their directors and officers in enforcement-related matters before the federal banking agencies. Mr. Allen's practice encompasses a variety of substantive areas, such as Bank Secrecy Act/anti-money laundering compliance, fair-lending investigations, and consumer-protection matters, among others, as well as internal investigations arising out of enforcement or other compliance-related matters. Mr. Allen also regularly advises bank and nonbank clients on the regulatory aspects of financial technology services, including online lending platforms, payments platforms, and distributed ledger/cryptocurrency applications.

Mr. Allen's clients include banking and nonbank institutions offering consumer and commercial financial products and services. Mr. Allen advises both primary and secondary market participants in regard to safety and soundness, consumer protection, licensing, and other compliance risks and obligations presented by their operations. Mr. Allen regularly assists with supervisory and enforcement matters before the CFPB, the DOJ, the Federal Reserve, the FDIC, FinCEN, and the OCC, including the resolution of threatened administrative actions, responding to reports of examination or other supervisory correspondence, and preparing appeals of material supervisory determinations, among others.

Perspectives

Regulatory and Enforcement Trends of 2020 for AML and Sanctions
Federal Reserve Adopts Final Rule Clarifying "Control" Under the Bank Holding Company Act and Home Owners' Loan Act
Advisory
FDIC Proposal Offers Welcome Clarity On Brokered Deposits
Asset Management Law360, Banking Law360, Capital Markets Law360, Compliance Law360, Fintech Law360, Public Policy Law360, Securities Law360
FDIC Issues Proposed Rule on Brokered Deposits
Advisory
Agency Clarification on Requirements for Providing Financial Services to Hemp-Related Businesses
Advisory
More

Recognition

The Legal 500 US
Financial Services: Regulatory (2018)
Washington, DC Super Lawyers
"Rising Star" – Banking (2013)

Credentials

Education
  • JD, Stanford Law School, 2003
  • BA, Economics and Spanish Literature, Vanderbilt University, 2000, summa cum laude
Admissions
  • District of Columbia
Overview

Email Disclaimer