Financial Crime World

Ferraiuoli Law Firm: Puerto Rico’s Trusted Partner in Financial Regulation Compliance

Ferraiuoli’s Banking and Financial Services Regulation practice stands out as a seasoned advisor for local and international financial institutions aiming to operate or expand in Puerto Rico. In the intricate web of banking and financial services regulations under both Federal and Puerto Rico laws, Ferraiuoli’s team of legal experts provides extensive experience in navigating complexities.

Extensive Experience in Financial Regulations

Ferraiuoli’s team of legal experts has extensive experience in:

  1. Interpreting and implementing new federal and state laws and regulations
  2. Providing counsel and guidance on a broad range of financial regulatory issues

Areas of Expertise

Ferraiuoli’s Banking and Financial Services Regulation practice offers expertise in the following areas:

  • Deposits
  • Residential and commercial mortgages
  • Auto financing and leasing
  • Lines of credit
  • E-commerce and online banking issues
  • Federal preemption questions
  • Community Reinvestment Act
  • Fair lending and truth-in-lending matters
  • Securitizations

Representative Engagements

Ferraiuoli’s team has worked on the following notable engagements:

  1. Representing a financial institution in the acquisition of residential mortgage servicing rights from another financial institution.
  2. Structuring an advisory board for a local financial institution.
  3. Preparing memoranda related to Check 21 and substitute check requirements.
  4. Providing an opinion to a local financial institution regarding reporting requirements associated with interest income.
  5. Advising a local financial institution on CRA qualified investments.
  6. Preparing an opinion on mobile banking and internet banking regulations for a local financial institution.
  7. Providing an opinion on debt collecting via SMS/Text Messages.
  8. Preparing a ruling request for a local financial institution regarding Act 247 of 2010 and Act 214 of 1995 applicability.
  9. Advising a local financial institution on transaction regulations with affiliates.

Counsel on Privacy and Security Matters

Ferraiuoli’s team offers counsel on privacy and security matters, adhering to federal and local regulations such as:

  • The Gramm-Leach-Bliley Act
  • The Fair Credit Reporting Act
  • The Electronic Communications Act
  • The CAN-SPAM Act

Focus on Client Success

As regulatory requirements continue to evolve, Ferraiuoli’s Banking and Financial Services Regulation practice remains at the forefront, ensuring its clients’ compliance and ongoing success.