Davis Polk & Wardwell LLP

Turned to by large global alternative asset managers and international financial institutions, Davis Polk & Wardwell LLP stands out for its involvement in AML compliance issues, and advice on ongoing compliance with the Volcker Rule, and regulatory issues tied to Dodd-Frank Act and the Basel III framework within a range of banking and capital markets transactions. Indicative of the group’s activity at the forefront of banking regulations is Margaret Tahyar in New York, who combines advice to fintech companies and cryptocurrency exchanges and other digital asset companies with more traditional financial services companies such as investment banks. Practitioners also advise on other areas of fintech such as stablecoin, as well as displaying strong knowledge of derivatives, and trading. The group is also able to advise banks on relationships with the Federal Reserve. New York-based Luigi De Ghenghi is often called upon for advice on areas such as CCAR/DFAST stress testing and capital planning requirements, and resolution plans. Randall Guynn departed in May 2025.