Kevin L. Petrasic is a partner in the Global Banking and Payments Systems practice of Paul Hastings and is based in the firm’s Washington, D.C., office. He advises banks and financial services firms on a wide array of regulatory, legislative, transactional, and compliance issues under federal and state banking laws, as well as federal securities and commodities laws. Mr. Petrasic also regularly advises national and international financial firms, including national retail securities brokerage and insurance firms, on a wide array of issues under the federal banking laws and issues within the jurisdiction of the Consumer Financial Protection Bureau.

Mr. Petrasic has extensive experience in Dodd-Frank compliance, bank/thrift and holding company regulation, credit card and consumer financial compliance laws, UDAAP issues, data privacy/protection and data breach issues, compliance laws impacting payments systems, mergers and acquisitions, anti-money laundering issues and OFAC compliance, depository institution charter powers and activities, the regulation of swaps and related derivatives activities by the Commodity Futures Trading Commission, legislative matters and analysis, mortgage market regulation, and corporate governance.

Mr. Petrasic has broad government experience, including serving as Special Counsel, Managing Director of External Affairs, Director of Congressional Affairs, Legislative Counsel, and Assistant Chief Counsel at the U.S. Treasury Department’s Office of Thrift Supervision, as well as Counsel to the former House Banking Committee. He worked extensively on the federal government’s efforts to stem avoidable foreclosures and identify market-based solutions to the nation’s housing crisis. He also has extensive experience preparing Congressional testimony and witnesses appearing before the U.S. Congress.