Dan Stipano brings more than three decades of bank regulatory and enforcement experience to his position as a Partner in Buckley Sandler LLP’s Washington, DC office. In his practice he advises on all aspects of bank regulatory and compliance issues, represents clients in state, federal, and foreign banking enforcement actions, and provides assistance in establishing, maintaining, and monitoring Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance programs.
Prior to joining the firm, Mr. Stipano was at the Office of the Comptroller of the Currency (OCC), where he served as Deputy Chief Counsel for 16 years after joining the agency as a staff attorney 30 years ago. In his role as Deputy Chief Counsel, including serving two stints as Acting Chief Counsel, he was extensively involved in every major OCC enforcement action over the last 20 years until the time of his departure. In addition, he played a key role in every major BSA/AML post-USA PATRIOT Act rulemaking and policy issuance.
Over the course of his career at the OCC, Mr. Stipano oversaw three Supreme Court cases that resulted in victories for the agency and the banking industry, supervised more than a dozen successful appeals of lower court decisions, and was instrumental in bringing the first fair lending action taken against a bank by a federal banking agency, as well as the first Unfair or Deceptive Acts or Practices (UDAP) action taken against a bank. Mr. Stipano has testified before Congress six times on enforcement and BSA/AML matters, and prepared dozens of OCC witnesses to do the same.
A recognized leader in his field, Mr. Stipano has spoken at more than 100 conferences and industry events, and over the course of his career has established strong working relationships with his former colleagues in law enforcement and in other regulatory agencies. He received his J.D. from the College of William & Mary and his B.A. from Union College.
U.S. banks and other institutions are under intense scrutiny from law enforcement agencies as well as federal and state prudential regulators for their Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance programs. Recent enforcement orders from the Office of the Comptroller of the Currency...Webcast
As we move into 2017, now is a good time reflect on the important developments in Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and sanctions compliance in 2016, and how they will impact the year ahead. Our first webcast of the year will focus on those developments, including the Financial...Webcast
Former Director of Enforcement and Compliance for the Office of the Comptroller of the Currency Joins Buckley Sandler
WASHINGTON, DC (March 13, 2017) – Buckley Sandler LLP announced today that Ellen M. Warwick , former Director for Enforcement and Compliance for the Office of the Comptroller of the Currency (OCC), has joined the firm as a Senior Counsel. Resident in the firm’s Washington, DC office, Warwick will...Press Releases
Daniel P. Stipano presented, "An AML Career Still Moving Forward" during an ACAMS Today Podcast on March 3, 2017.In The News
Daniel P. Stipano Quoted in ACAMS Article, “FinCEN Must ‘Reclaim’ Examination Authority, Overhaul AML Rules: Industry Panel”
Daniel P. Stipano was quoted on February 16, 2017 in an ACAMS article by Valentina Pasquali, “FinCEN Must ‘Reclaim’ Examination Authority, Overhaul AML Rules: Industry Panel.” The article notes that FinCEN “should ’reclaim’ sole authority for examining multinational banks that present national...In The News
Daniel P. Stipano Quoted in ACAMS Article, “New York Finalizes Cybersecurity Rule for Banks, with Certification Requirement”
Daniel P. Stipano was quoted on February 16, 2017 in an ACAMS article by Daniel Bethencourt, “New York Finalizes Cybersecurity Rule for Banks, with Certification Requirement.” The article states that New York financial institutions will be required to evaluate their cybersecurity plans in order to...In The News
WASHINGTON, DC (January 3, 2017) – Buckley Sandler LLP, a premier financial services, government enforcement and litigation law firm, announced today that former Deputy Chief Counsel for the Office of the Comptroller of the Currency (OCC), Daniel P. Stipano has joined the firm as a Partner in its...In The News
The Bank Secrecy Act regulatory regime depends heavily on the sharing of information—from financial institutions to the government, from the government to institutions, and from institutions to each other. Robust information sharing better positions institutions to conduct customer due diligence;...Articles
As the Bank Secrecy Act approaches its 50th anniversary, legitimate questions have arisen about the efficacy of anti-money-laundering requirements and the burden of compliance. The pace of technological advances in the financial services industry, coupled with the negative consequences of...Articles
- J.D., College of William & Mary
- B.A., Union College
- District of Columbia
- U.S. Supreme Court
Deputy Chief Counsel, Office of the Comptroller of the Currency; two stints as Acting Chief Counsel