T +1 212 819 8239
Mr. Cuccinello represents US and non-US banks, bank holding companies and other financial institutions in a wide range of regulatory matters, including: securities-related activities by banking institutions; impact of the Volcker Rule and other Dodd-Frank requirements on the activities of US and non-US banks; financial holding company activities and non-compliance issues; establishment of US banking offices and acquisitions of US bank subsidiaries by non-US banks; impact of US laws and regulations on direct and indirect activities of, and investments by, non-US banks in the United States; regulatory aspects of mergers and acquisitions; regulatory issues affecting financing transactions, including margin regulations, reserve requirements, anti-money laundering requirements and anti-tying requirements; affiliate transaction restrictions under Sections 23A/23B and Regulation W; fiduciary and custody activities; insolvencies of depository institutions; account agreements; and cross-border provision of financial services by non-US institutions.
Representations include: a Chinese bank in acquiring a US subsidiary bank (the first transaction of its kind); a Chinese bank in establishing a branch in the United States; European and Asian banks in connection with their securities-related activities in the United States; a private equity fund in connection with proposed acquisitions of equity stakes in US banks; a European bank and its domestic bank holding company subsidiary in connection with the US regulatory aspects of bank acquisitions and mergers; a European bank in structuring a financing transaction in light of the New York Banking Law's insolvency provisions; a domestic bank holding company in issuances of subordinated debt and trust preferred stock; an Asian bank in connection with the US regulatory aspects of its merger with another Asian bank, including the establishment of multiple branches in the United States; an Asian bank in a US supervisory enforcement matter; an Asian bank in connection with the liquidation of its New York trust company subsidiary; an Asian bank in connection with the downgrading of its US branch to representative office status; and a US investment adviser in establishing a New York trust company subsidiary.
"Regulators begin Volcker Rule review, signaling potential for needed clarifications," November 2017
"Valuations in European Real Estate Finance – regulatory compliance in a global environment," June 2017
"US Terminates Burma Sanctions Program, Accompanied by Limited FinCEN Relief," October 2016
"Federal Reserve Board Proposes to Include Legal Entity Identifiers in Certain Banking Organization Reporting," March 2015
"Federal Bank Supervisory Agencies May Change Guidance Without Notice-and-Comment Rulemaking," March 2015
"Clarification of the Marketing Restriction under the Volcker Rule 'SOTUS' Covered Fund Exemption," March 2015
"ICBC's Agreement to Acquire a Controlling Stake in a US Bank Is a Major Development for the US and Chinese Banking Markets," February 2011
"FDIC Adopts Final Policy On Private Equity Investments In Failed Banks," August 2009
"FDIC Proposes Stringent New Rules For Private Equity Investors In Failed Depository Institutions," July 2009
"The Troubled Asset Relief Program: Issues for Financial Institutions and Other Entities Covered by the TARP," October 2008