
Overview
Lawrence D. Kaplan is Chair of the Bank Regulatory group in the Global Banking and Payments Systems practice and is based in the firm’s Washington, D.C. office. He advises clients on all aspects of bank regulatory issues, with an emphasis on corporate structuring, control, operations, compliance, problem banks, and enforcement.
Larry’s practice frequently involves the representation of traditional and nontraditional financial services holding companies and financial entities in transactions and matters before federal and state bank regulatory agencies, including merger and acquisition transactions, capital raising activities, joint ventures, de novo charters, and novel product offerings including cryptocurrency activities of banks. He has extensive experience advising clients on issues associated with the provision of financial services through technology and with consumer finance requirements.
Larry’s practice regularly involves advice to clients with respect to anti-money laundering and sanctions programs, as well as data security and privacy matters. In addition, he regularly advises clients with respect to various requirements imposed by the Dodd-Frank Wall Street Reform and Consumer Protection Act, including issues under the Volcker Rule, as well as proposed reforms to financial services laws.
Larry is an Adjunct Clinical Assistant Professor at the University of Michigan Law School and serves on the Board of Advisors for the Center for Banking and Finance at the University of North Carolina. He is a former director of Women in Housing Finance, in Washington, D.C.
Representations
- Citigroup on Citi Ventures’ Impact Fund in connection with addressing bank holding company and Volcker Rule compliance issues.
- Cross River Bank on regulatory issues, including with respect to its Fintech and payment relationships, including numerous regulatory filings under applicable digital asset guidance.
- Dayforce National Trust Bank (fka Ceridian National Trust Company) on its de novo application for a national trust bank launched in 2023, including numerous regulatory filings, meetings and presentations, from pre-filing through establishment.
- Pathward, N.A. (fka MetaBank) on bank regulatory matters, Fintech relationships, brokered deposit issues, and implementation of government stimulus programs.
- GenuBank with its proposed conversion from a state to a national bank, including a digital asset strategy; prepared numerous regulatory filings and made presentations to regulators (withdrawn).
- PayPal/X.com in its initial establishment and retention of its money transmitter licenses and various regulatory issues.
- Figure Technologies on bank and state regulatory matters with respect to its product offerings.
- BitPay on its regulatory applications to form a cryptocurrency merchant acquiring bank, BitPay National Trust Bank (withdrawn).
News
- Paul Hastings Advised CWT US, LLC in Agreement to be Acquired by Global Business Travel Group in $570 Million Transaction - April 11th, 2024
- Paul Hastings Advised Lenders in Connection with Legends’ Acquisition of ASM Global - November 7th, 2023
- Paul Hastings Advised Ceridian HCM in Launch of National Trust Bank Charter - January 3rd, 2023
Insights
- Daily Financial Regulation Update -- Thursday, August 28, 2025 - August 28th, 2025
- Daily Financial Regulation Update -- Wednesday, August 27, 2025 - August 27th, 2025
- Daily Financial Regulation Update -- Tuesday, August 26, 2025 - August 26th, 2025
- Daily Financial Regulation Update -- Monday, August 25, 2025 - August 25th, 2025
- Daily Financial Regulation Update -- Friday, August 22, 2025 - August 22nd, 2025
- Federal Reserve Ends Novel Activities Program and Industry Groups Press on GENIUS Act - August 22nd, 2025
- Daily Financial Regulation Update -- Thursday, August 21, 2025 - August 21st, 2025
- Daily Financial Regulation Update -- Wednesday, August 20, 2025 - August 20th, 2025
- Daily Financial Regulation Update -- Tuesday, August 19, 2025 - August 19th, 2025
- Daily Financial Regulation Update -- Monday, August 18, 2025 - August 18th, 2025
- Daily Financial Regulation Update -- Friday, August 15, 2025 - August 15th, 2025
- Daily Financial Regulation Update -- Thursday, August 14, 2025 - August 14th, 2025
- Daily Financial Regulation Update -- Wednesday, August 13, 2025 - August 13th, 2025
- Daily Financial Regulation Update -- Tuesday, August 12, 2025 - August 12th, 2025
- Preparing Banks for the Next Round of Challenges While the Sun Is Still Shining - August 11th, 2025
- Daily Financial Regulation Update -- Monday, August 11, 2025 - August 11th, 2025
- Daily Financial Regulation Update -- Friday, August 8, 2025 - August 8th, 2025
- Daily Financial Regulation Update -- Wednesday, August 6, 2025 - August 6th, 2025
- The California Financing Law — Commercial and Consumer Lenders Beware - August 5th, 2025
- Daily Financial Regulation Update -- Monday, August 4, 2025 - August 4th, 2025
Engagement & Publications
- Frequent source for major media publications and financial news programs on banking matters
- Frequent public speaker on bank regulatory developments
- Author of numerous articles on financial services issues
- Co-authored Chapter 31 to E-Commerce & Internet Law –2nd Edition (2009) — “Online Financial Transactions and Payment Mechanisms.”
Involvement
- Served as senior attorney in the Chief Counsel’s Office of the U.S. Department of Treasury’s Office of Thrift Supervision