Carl Fornaris Greenberg Traurig Law Firm Miami and Washington DC

Carl A. Fornaris

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Greenberg Traurig, LLP

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www.gtlaw.com

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305-579-0626

Professional Biography

Carl A. Fornaris is an attorney in firm's Financial Regulatory and Compliance Practice. With 24 years of legal experience, Carl advises banks and their holding companies, investment advisers, securities broker dealers, gaming firms, money services businesses and other financial institutions on all aspects of their business. These include licensing, capital-raising transactions, acquisitions and divestitures, USA PATRIOT Act/BSA/AML compliance and OFAC sanctions programs (including permissible financial activities in Cuba), critical examination reports and enforcement proceedings, Dodd-Frank Act compliance (including Volcker Rule implementation), new products and FATCA. Throughout his career, Carl has counseled clients in their dealings with the Federal Reserve, OCC, FDIC, FinCEN, SEC, FINRA, Florida Office of Financial Regulation, New York Department of Financial Services and other state supervisory authorities.

Carl is also active representing lenders and credit parties in financing transactions, particularly credits to non-U.S. loan parties, asset-based credits, acquisition financing and stand-by letters of credit.

Carl is a past General Counsel of the Florida International Bankers Association and sits on its Board of Directors. Previously, he served as Head of Legal and Compliance for the Latin America region of Barclays Bank PLC, with responsibility for managing legal and compliance matters throughout the region. Carl is an adjunct professor in the Business Law Department of the University of Miami. He began his legal career in Washington, D.C. with an international law firm.

More Legal and Business Bylines From Carl A. Fornaris

Florida Gov. Signs Bill that Defines ‘Virtual Currency’ and Eases Licensing Restrictions on Certain Virtual Currency Transactions in the State - (Posted On Thursday, May 26, 2022)
SEC Chair Continues Push to Regulate Digital Asset Markets - (Posted On Thursday, April 07, 2022)
Executive Order on Digital Assets Establishes Policy Goals for Whole-of-Government Approach to Regulation - (Posted On Tuesday, March 15, 2022)
SEC’s BlockFi Order Signals Further Scrutiny of DeFi - (Posted On Thursday, February 17, 2022)
Federal Reserve System Takes First Step Toward Creating Its Own Digital Currency - (Posted On Tuesday, February 08, 2022)
FinCEN Proposes Rule on Beneficial Ownership Reporting Under Corporate Transparency Act - (Posted On Friday, January 14, 2022)
Digital Assets Sector: What to Watch for in 2022 - (Posted On Tuesday, January 04, 2022)
FinCEN Launches Rulemaking Process to Implement Reporting Requirements for Real Estate Sector - (Posted On Thursday, December 16, 2021)
US Federal Banking Regulators Release Joint Statement on ‘Crypto-Asset Policy Sprint Initiative’ - (Posted On Wednesday, December 01, 2021)
President’s Working Group on Financial Markets Releases Report and Recommendations on Stablecoins - (Posted On Tuesday, November 23, 2021)

Finance Law

Anti-Money Laundering Legislation

The National Law Review recognizes Greenberg Traurig, LLP as a Go-To Thought Leader for their coverage and analysis of Anti-Money Laundering Legislation. Of special note is the firm's articles on the Anti-Money Laundering Act of 2020, which resulted in significant changes to the Bank Secrecy Act of 1970. Contributing authors include Claudio J. Arruda, Carl A. Fornaris, Kyle R. Freeny, Benjamin G. Greenberg, Marina Olman-Pal and Kevin P. Ray.