Max Bonici

Associate, Washington, DC

Biography

Overview

Max Bonici is an associate in the Financial Institutions Advisory practice. He counsels US and non-US financial institutions on bank regulatory and enforcement matters.

Max represents financial institutions in licensing and regulatory matters before US bank regulators as well as in US and cross-border matters, including by conducting internal investigations and due diligence reviews. He also counsels clients on enhancing policies and procedures and implementing remediation steps. He regularly works on matters involving the Bank Holding Company Act, the International Banking Act, and the Dodd-Frank Act, among others. In addition, he counsels emerging fintech and regtech companies on regulatory matters.

Max has authored numerous insightful publications related to the legislative and regulatory challenges faced by financial institutions. He also is a key contributor to the Firm's Financial Regulatory and Legislative Dashboard, which provides periodic updates and insights for financial institutions, particularly as the COVID-19 response develops.

Max joined White & Case from another global law firm and he previously worked at the Federal Deposit Insurance Corporation and the International Monetary Fund.

Bars and Courts
District of Columbia Bar
New York State Bar
Education
JD
The George Washington University
BA
International Affairs
The George Washington University
Languages
English
French

Experience

Select experience includes:

Ways of entry into the US domestic market for non-US banks and other financial services providers

A non-US bank's financial holding company election

The merger of two bank holding companies of a non-US bank

Control issues and related remediation under the Bank Holding Company Act

The licensure of a federal branch of a non-US bank

The chartering of a state-licensed bank

Cross-border and US investigations involving the Department of Justice, the Federal Reserve, and the Consumer Financial Protection Bureau

US economic sanctions issues involved blocked property by US financial institutions and the application for a specific license from the Office of Foreign Assets Control

Large-scale bank regulatory compliance inventories in the context of supervisory actions

State licensure requirements for lending, money transmission, and other activities