Philip Angeloff is a counsel in the US Financial Services Regulatory Group. His practice spans 20 years and encompasses a broad spectrum of financial services regulatory matters, including matters arising under the US anti-money laundering and sanctions laws and regulations.
Philip specializes in cross-border financial services regulatory issues and advises US and non-US financial institutions regarding compliance with US banking, securities, and derivatives laws and regulations, including matters related to authorized activities, regulatory approvals and licensing issues, prudential requirements, privacy and information security, new product and services development, financial markets and trading regulation, payments and funds transfers, mergers and acquisitions, reorganizations, investments, inter-affiliate transactions, margin regulations, and regulatory capital requirements.
Philip also advises clients in connection with regulatory investigations, enforcement actions and other contentious regulatory matters. He has extensive experience in crisis and risk management and in developing risk management and compliance programs.
Philip is also a member of the Clifford Chance Tech Group and advises clients on a broad spectrum of FinTech regulatory matters.
Prior to joining Clifford Chance, Philip was a Senior Attorney with the Office of the General Counsel of the Board of Governors of the Federal Reserve System and clerked at the US Securities & Exchange Commission and the US International Trade Commission.
News and client work
- U.S. Federal Banking Agencies Issue Rule Requiring Banks to Notify Regulators of Cyber Incidents Within 36 Hours, Banking Law Journal (June 2022)
- Crypto Considerations for Fund Managers
FintechPolicy.Org, March 2019
- Blockchain Cash Issuer Q&A with R3 Legal Center of Excellence
Practical Law Finance and R3 Legal Center of Excellence
- The Pros and Cons of the OCC's New FinTech Charter
Corporate Counsel Business Journal
Career and qualifications
- George Washington University Law School (JD) 2001
- Senior Attorney at the General Counsel's Office of the Board of Governors of the Federal Reserve 2001
- Admitted as an Attorney-at-Law in New York 2002
- Admitted as an Attorney-at-Law in Washington DC 2008