|
Elizabeth Tibbals Davy joined Sullivan & Cromwell as Special Counsel in October 1998 and became a partner of the Firm in January 2004. Ms. Davy is a member of the Financial Institutions group and is particularly active in the areas of banking regulation, supervision and enforcement. She advises clients on numerous bank regulatory and compliance issues, including issues relating to permissible investments and activities for bank holding companies, powers of state and national banks, affiliate transactions, trading activities, investment management activities and anti-money laundering compliance, including compliance with the USA PATRIOT Act. She has represented clients in mergers and acquisitions, bank formations and conversions, private equity investments, and foreign bank entry into the U.S., as well as in investigations involving allegations of money laundering, violations of banking laws and regulations, trading improprieties and Bank Secrecy Act reporting obligations. She was formerly a senior officer of the Federal Reserve Bank of New York's Legal Department and Bank Supervision Group and was Deputy Superintendent and Counsel of the New York State Banking Department. Ms. Davy served as Secretary to the Financial Markets Lawyers Group and was general counsel of the International Swaps & Derivatives Association. She is a frequent speaker at continuing legal education programs on banking and anti-money laundering issues. Rankings and Recognition Woodward/White, The Best Lawyers in America - Recognized in Banking Law (2007, 2008 - announced) New York Super Lawyers - Recognized in Banking Law (2007) | 