Philip Angeloff is a counsel in the US Financial Services Regulatory Group, based in the firm's Washington, DC office. His practice focuses on providing advice to financial institutions regarding compliance with US banking, securities, and derivatives laws and regulations, including matters related to authorized activities, licensing issues, anti-money laundering and sanctions compliance, new product development, financial markets and trading regulation, mergers and acquisitions, reorganizations, investments, inter-affiliate transactions, margin regulations, and regulatory capital requirements.
Philip specializes in the area of US bank holding company regulation, the Volcker Rule, and cross-border bank regulatory issues, and has extensive experience in developing risk management and compliance programs, drafting compliance policies and procedures, conducting gap analysis, and advising on risk management matters. Mr. Angeloff also provides advice in contentious regulatory matters, including regulatory investigations and enforcement actions.
Prior to joining Clifford Chance, Mr. Angeloff 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.
- 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
Volcker Rule 2.0: Some Helpful Upgrades and Bug Fixes - Update Your Volcker Policies and Procedures Now
9 October 2019
Stablecoins - a global overview of regulatory requirements in Asia Pacific, Europe, the UAE and the US
17 September 2019
FinCEN and the Federal Banking Agencies Reinforce Emphasis on AML Compliance and an Informed Risk Management Approach to BSA/AML Supervision
24 July 2019
FinCEN Cautions Financial Institutions on North Korea, Iran & Jurisdictions Exhibiting Strategic AML and Terrorist Financing Deficiencies
13 March 2019
FinCEN and Federal Banking Agencies Issue Joint Statement Encouraging FinTech Sandboxes for AML Compliance
7 December 2018
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