Douglas Landy is a partner in Milbank LLP’s New York office and a member of the firm’s Leveraged Finance Group. Mr. Landy is one the most experienced and sought after experts in US financial services regulation. He also leads Milbank’s FinTech practice. He began his career at the Federal Reserve Bank of New York.
Mr. Landy is noted for his deep experience in banking and securities laws, and is widely noted by his clients for his thorough and practical legal analysis. He represents many of the leading global banks and central counterparties (CCPs) in transactional and advisory matters. He is expert in the Volcker Rule, block chain and cryptocurrencies, capital requirements, bank insolvency, foreign banks in the US, and CCPs. He has represented banks in some of the largest M&A transactions in banking history, and in some of the most significant regulatory events of the last two decades. He was a key advisor to many significant banks, industry advocacy groups and CCPs during the last financial crisis and the subsequent regulatory reform period.
Mr. Landy is credited for coining the acronym “TOTUS” for the important Volcker Rule exclusion for trading outside of the United States.
Consistently noted for his work representing many of the best-known global financial institutions in their US regulatory matters, Mr. Landy has been ranked as a leading lawyer in the area of financial services regulation in top industry publications. He has published more than 75 scholarly pieces on banking and financial services topics, and is a featured speaker at industry conferences, including on the 2019 Banking Seminar on FinTech and Digital Assets panel titled “Secured Lending with Digital Assets”; the Harvard European Law Associate (HELA) Conference 2019 panel titled “Banking & Finance: Disruption or Business as Usual?”; and the 2018 Annual Risk Management/Compliance Seminar panel titled “Key Developments in the Regulation of International Banks.” He is widely quoted on financial service topics in the New York Times, Wall Street Journal, Financial Times, Reuters, Bloomberg, The Times London and numerous others.