Paul Pilecki concentrates his practice in the representation of foreign and domestic banking organizations on regulatory matters and has extensive experience in advising banking organizations on the scope and structure of new activities and geographic expansion.
Mr. Pilecki’s experience includes matters under the Bank Holding Company Act, the Federal Reserve Act, the Federal Deposit Insurance Act, the International Banking Act, and other federal and state banking and securities laws. Among the issues that arise in his practice are whether a control relationship exists in a particular investment, whether a transaction is affected by restrictions on insider and affiliate transactions, and whether a transaction or activity is within the scope of powers available to a banking organization. He frequently advises clients on issues arising as a result of the distressed economic environment, including FDIC receiverships and the rights and obligations of creditors, receivers or conservators of failed banks. He also represents financial institutions on supervisory and enforcement matters, including conducting internal investigations, responding to examination findings, negotiating the terms of formal enforcement actions and supervisory agreements, fashioning remedial programs, and advising on compliance with supervisory actions and agreements. Mr. Pilecki advises diverse clients on compliance with the Bank Secrecy Act and implementing anti-money laundering and anti-terrorist financing measures.
Mr. Pilecki advises international banks on establishing branches, agencies, and representative offices in the United States and assists banks in the application process. He advises international banks with U.S. offices and subsidiaries on the unique exemptions available under the Bank Holding Company Act related to their investments in foreign nonfinancial companies and the compliance and reporting issues related to holding those investments. Mr. Pilecki counsels potential investors in banks on the issues associated with holding a passive or controlling interest in a bank and on the implications of the supervisory and regulatory process on an investment. He has also served as an expert witness on matters under the Bank Holding Company Act, the Edge Act and the Bank Merger Act.
Mr. Pilecki began his professional career as a bank examiner for the Federal Reserve Bank of Philadelphia and was a member of the Legal Division of the Federal Reserve Board in Washington. In 2012 and 2013, he was named a Washington, D.C. "Super Lawyer" in the area of Banking by Super Lawyers magazine. Mr. Pilecki was a BTI Client Service All-Star in 2008, 2010 and 2011 and has been listed in Who’s Who of Banking Lawyers each year since 2005.
Professional & Community Activities
Federal Bar Association, Banking Committee Executive Council, Chairman (2008 - 2010)
American Bar Association, Section of Business Law, Banking Law Committee
Association of the Bar of the City of New York, Committee on Banking Law, Member
DeVille Estates Recreation Association, Treasurer